Multiple Choice
If opportunity costs are increasing, then the production possibilities frontier
A) will be bowed out and have a positive slope.
B) will be positively sloped.
C) will be linear and have a negative slope.
D) will be bowed out and have a negative slope.
E) reflects the fact that available resources are equally useful in all production activities.
Correct Answer:

Verified
Correct Answer:
Verified
Q55: Which of the following quotations best illustrates
Q56: Use the figure below to answer the
Q57: Any two individuals will gain from exchange<br>A)unless
Q62: Mexico and Canada produce both oil and
Q63: Use the information below to answer the
Q64: Use the figure below to answer the
Q74: The existence of increasing opportunity cost<br>A)explains why
Q85: Marginal benefit from a good or service
Q98: Use the figure below to answer the
Q102: Use the figure below to answer the