Multiple Choice
The slope of the production possibilities curve must be
A) constant.
B) positive.
C) decreasing.
D) increasing.
E) negativE.
Correct Answer:

Verified
Correct Answer:
Verified
Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -Refer to the
Q50: When each individual concentrates on performing the
Q51: Production possibilities curves are downward sloping,reflecting the
Q52: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -Refer to the
Q53: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -The absolute advantage
Q55: Specialization of labour not only results in
Q56: Of the labelled points,_ are efficient.<br>A) F
Q57: When an economy is operating on its
Q58: The introduction of new and more productive
Q59: Lou and Alex live together and share