A Production Possibilities Curve That Is "Bowed Out" or Concave

Multiple Choice

A production possibilities curve that is "bowed out" or concave to the origin:

A) ​illustrates a tradeoff in which the opportunity cost of a good increases with the level of its production.
B) ​illustrates a tradeoff in which the opportunity cost of a good decreases with the level of its production.
C) ​illustrates a tradeoff in which the opportunity cost of a good is constant at all levels of production.
D) ​demonstrates the fallacy of composition.