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As One Progresses from a One-Person Economy to a Large,multi-Person

Question 117

Multiple Choice

As one progresses from a one-person economy to a large,multi-person economy,the shape of production possibilities curve changes from


A) downward sloping to upwards sloping.
B) linear to convex (bowed into the origin) .
C) concave (bowed out from the origin) to linear.
D) convex (bowed into the origin) to concave (bowed out from the origin) .
E) linear to concave (bowed out from the origin) .

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