Increasing Marginal Opportunity Cost Means That the Production Possibility Curve

question 93

Multiple Choice

Increasing marginal opportunity cost means that the production possibility curve is:

• A) bowed in so that for every additional unit of one good given up, you get fewer and fewer units of the other good.
• B) bowed in so that for every additional unit of one good given up, you get more and more units of the other good.
• C) bowed out so that for every additional unit of a good given up, you get fewer and fewer units of the other good.
• D) bowed out so that for every additional unit of one good given up, you get more and more units of the other good.

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Definitions:

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