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Chako Chako
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Posts: 2948
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8 years ago
If a production possibilities frontier is bowed out (concave to the origin), then production occurs under conditions of
A) uncertain opportunity costs.
B) decreasing opportunity costs.
C) constant opportunity costs.
D) infinite opportunity costs.
E) increasing opportunity costs.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
7 years ago
Correct!
wrote...
#3
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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