Multiple Choice
Point A on a linear production possibilities curve represents a combination of 12 coffees and 3 cappuccinos, and point B represents 3 coffees and 6 cappuccinos. Suppose coffees are on the vertical axis and cappuccinos are on the horizontal axis. The absolute value of the slope of the production possibilities curve between points A and B equals:
A) 6
B) 4
C) 3
D) 1/3
Correct Answer:

Verified
Correct Answer:
Verified
Q43: Between the U.S. and Nepal, Nepal invests
Q44: The Principle of Increasing Opportunity Costs implies
Q45: If a nation can produce a good
Q46: An inefficient point on a production possibilities
Q47: You are the Minister of Trade for
Q49: Earth Movers & Shakers operates 3
Q50: Smith and Jones comprise a two-person
Q51: Moe divides his time between studying Physics
Q52: The core principle that is illustrated by
Q53: The United States was unable to maintain