Multiple Choice
Since resources are not equally substitutable across uses:
A) the production possibilities curve will be positively sloped.
B) the production possibilities curve will be a straight line.
C) the production possibilities curve will be bowed outward.
D) the production possibilities curve will be bowed inward.
Correct Answer:

Verified
Correct Answer:
Verified
Q150: An economy that has many unemployed workers
Q151: Exhibit 3-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-3
Q152: A production possibilities curve is negatively sloped
Q153: Which of the following would not shift
Q154: Which of the following is an example
Q156: If the production possibilities curve is a
Q157: Exhibit 3-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 3-5
Q158: An increase in the unemployment rate from
Q159: Which of the following is an incorrect
Q160: The production possibilities curve is:<br>A)a graph that