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atomicyoyo atomicyoyo
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2 months ago

The PPF between goods X and Y will be a downward-sloping



straight line if increasing opportunity costs exist.



straight line if decreasing opportunity costs exist.



curve that is bowed outward if increasing opportunity costs exist.



curve that is bowed outward if constant opportunity costs exist.

Textbook 
Economics

Economics


Edition: 12th
Author:
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manuella14manuella14
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2 months ago
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curve that is bowed outward if increasing opportunity costs exist.



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atomicyoyo Author
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