The Negative Slope of the Production Possibilities Curve Is a Graphical

Multiple Choice

The negative slope of the production possibilities curve is a graphical way of indicating that

A) any economy "can have its cake and eat it too."
B) to produce more of one product, we must do with less of another.
C) the principle of increasing opportunity costs applies to only parts of the economy.
D) consumers buy more when prices are low than when prices are high.