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If the production possibilities frontier between two goods is a straight line, then the

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If the production possibilities frontier between two goods is a straight line, then the

If the production possibilities frontier between two goods is a straight line, then the
A) opportunity cost is not a ratio.
B) resources are equally productive in both goods.
C) line does not qualify as a production possibilities frontier because the unattainable production points are too close to the inefficient production points.
D) Both answers A and C are correct.
E) Both answers A and B are correct.

Textbook

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

Read 204 times

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Dropx

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9 years ago

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