Suppose There Are Only Two Goods Produced in Our Economy-Snowplows

question 76

Multiple Choice

Suppose there are only two goods produced in our economy-snowplows and helicopters. If there is always a two- for- one tradeoff between the production of these two goods (in terms of opportunity cost) , then the production possibilities boundary between snowplows and helicopters is

• A)circular.
• B)a downward- sloping straight line.
• C)a downward- sloping curve convex to the origin.
• D)a downward- sloping straight line with slope equal to - 1.
• E)a downward- sloping curve concave to the origin.

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Definitions:

Osteitis

Inflammation of the bone, often resulting from infection, which can lead to bone pain, localized warmth, and erythema over the affected area.

Digestion

The biological process by which the body breaks down food into absorbable components in the gastrointestinal tract.

Small Intestine

A part of the digestive system where most of the digestion and absorption of nutrients occurs.