menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 5
  4. Exam
    Exam 2: Measuring Macroeconomic Performance: Saving and Wealth
  5. Question
    The Fundamental Reason That a Production Possibilities Curve Has a Negative
Solved

The Fundamental Reason That a Production Possibilities Curve Has a Negative

Question 14

Question 14

Multiple Choice

The fundamental reason that a production possibilities curve has a negative slope is that


A) workers are inefficient.
B) resources are of low quality.
C) resources are fixed and therefore trade-offs must be made.
D) it has empirical support but why it is so is still a mystery.
E) comparative advantage exists.

Correct Answer:

verifed

Verified

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

Related Questions

Q9: Smith and Jones comprise a two-person economy.Their

Q10: Smith and Jones comprise a two-person economy.Their

Q11: The opportunity cost to Becky of producing

Q12: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -According to data,Jenny

Q13: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -Refer to the

Q15: If an economy takes advantage of the

Q16: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -Because Bobby Jo

Q17: The following table describes Buffy's abilities to

Q18: The Principle of Increasing Opportunity Cost indicates

Q19: In one 8-hour workday,Hector can produce 25

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines