Multiple Choice
Table 2-5
-Refer to Table 2-5. Table 2-5 shows one set of production possibilities. Based on the values in the table, the production possibilities frontier is
A) bowed outward indicating increasing opportunity costs.
B) bowed outward indicating decreasing opportunity costs.
C) a straight line indicating constant opportunity costs.
D) bowed inward indicating increasing opportunity costs.
Correct Answer:

Verified
Correct Answer:
Verified
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