Solved

Figure 2.1 -On the Production Possibilities Curve in Figure 2.1,as Agricultural Production

Question 177

Multiple Choice

   Figure 2.1 -On the production possibilities curve in Figure 2.1,as agricultural production increases by 200 tons per year from 200 tons to 400 tons and then to 600 tons,the opportunity cost in terms of tons of manufactured goods A)  rises. B)  falls. C)  is constant. D)  becomes negative.
Figure 2.1
-On the production possibilities curve in Figure 2.1,as agricultural production increases by 200 tons per year from 200 tons to 400 tons and then to 600 tons,the opportunity cost in terms of tons of manufactured goods


A) rises.
B) falls.
C) is constant.
D) becomes negative.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions