Multiple Choice
A country produces only cans of soup and ink pens.If the country produces on its bowed outward PPF and increases the production of cans of soup,the opportunity cost of additional
A) cans of soup is increasing.
B) cans of soup is decreasing.
C) cans of soup remains unchanged.
D) ink pens is increasing.
E) More information is needed to determine what happens to the opportunity cost.
Correct Answer:

Verified
Correct Answer:
Verified
Q235: Rika's opportunity cost of producing 100 t-shirts
Q236: Suppose that in a PPF graph,wheat is
Q239: Mac can bake more cookies than Monica
Q241: Specialization and trade make a country better
Q242: The production possibilities frontier is the boundary
Q243: The opportunity cost of a good increases
Q244: What is gained when people engage in
Q245: To increase its economic growth,a nation should<br>A)
Q269: The United States has an absolute advantage
Q387: A production point beyond the production possibilities