Multiple Choice
If the production possibilities frontier between two goods is a straight line,then the
A) opportunity cost is not a ratio.
B) line does not qualify as a production possibilities frontier because the unattainable production points are too close to the inefficient production points.
C) resources are equally productive in both goods.
D) Both answers A and C are correct.
E) Both answers A and B are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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Q44: The bowed out (concave)shape of the production
Q45: The production possibilities frontier illustrates which of
Q47: The production possibilities frontier illustrates the<br>A)goods and
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Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" -The above figure
Q50: Economic growth depends upon which of the
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