What Does the Negative Slope of the Production Possibilities Frontier

question 67

Multiple Choice

What does the negative slope of the production possibilities frontier imply?

• A) Diminishing marginal utility
• B) The only way to increase one person's utility is to decrease the other's.
• C) Diminishing marginal rates of technical substitution
• D) The only way to increase output of one good is to decrease output of another.

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