Multiple Choice
The production possibilities curve of a country will be a straight line if _____.
A) the production of each commodity is subject to economies of scale
B) the country completely specializes in the production of the good with the highest opportunity cost
C) the country has an absolute advantage in the production of each commodity
D) the resources in the country are equally adaptable to the production of each commodity
E) the country completely specializes in the production of the good with the lowest opportunity cost
Correct Answer:
Verified
Correct Answer:
Verified
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