Multiple Choice
Assume a bowed-out shape of a production possibilities frontier showing possible output levels of good A and good B.What is indicated if the economy produces more and more of good B?
A) that larger and larger amounts of good A must be sacrificed
B) that smaller and smaller amounts of good A must be sacrificed
C) that more of good A will be produced
D) that the amount of resources available in the economy must be increased
Correct Answer:

Verified
Correct Answer:
Verified
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