If a Country's Production Possibilities Boundary Is Drawn as a Straight

question 22

Multiple Choice

If a country's production possibilities boundary is drawn as a straight (downward- sloping) line it indicates

• A)the use of the scarce resources in an economy.
• B)constant opportunity cost of producing more of either good.
• C)increasing opportunity cost of producing more of either good.
• D)decreasing opportunity cost of producing more of either good.
• E)an unfair distribution of resources in an economy.

---

Definitions:

Patient and Persistent

Displaying the ability to endure difficulties with calmness and without complaint while continuing steadfastly.

Gym

A facility equipped for physical exercise and fitness activities.

Literature Major

An academic program that focuses on the study, analysis, and critique of written works, including poetry, novels, and texts, across various cultures and historical periods.

Failing Grade

An academic grade symbolizing that a student's performance did not meet the defined minimum standards.