Multiple Choice
Teddy's production possibilities curve for goods M and N is described by the following equation: M = 21 - 3N,where M is the quantity of good M produced and N is the quantity of good N produced.The slope of Teddy's production possibilities curve,when M is on the vertical axis,is
A) - 3.
B) 3.
C) - 0.333.
D) 0.333.
E) 0.0333.
Correct Answer:
Verified
Correct Answer:
Verified
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