If There Is Increasing Opportunity Cost, Then, When Moving Downward

question 67

Multiple Choice

If there is increasing opportunity cost, then, when moving downward on a production possibilities frontier, the opportunity cost of the good on the horizontal axis ________ as more of the good is produced.

• A) decreases and the PPF gets flatter
• B) increases and the PPF gets flatter
• C) increases and the PPF gets steeper
• D) does not change and the PPF gets steeper
• E) decreases and the PPF gets steeper

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Definitions:

Field Sales Call

A direct visit made by sales representatives to potential or existing customers in their locations to promote and sell products or services.

Salespeople's Compensation

The payment plan designed for sales personnel, often including a combination of salary, commission, and other incentives based on performance.

Business Customer

An entity, typically a company or organization, that purchases goods or services for use in the production of other goods and services, rather than for personal use.

Missionary Salespeople

Sales representatives who promote their company's products indirectly, often by educating and building relationships with intermediaries rather than selling directly to end users.