The Assumption of Constant Costs of Production in the Classical

question 8

Multiple Choice

The assumption of constant costs of production in the Classical model results in a __________ production possibilities frontier, and, in the case of a "small" country, __________ specialization in production when trade takes place.

• A) linear; incomplete
• B) concave-to-the-origin; complete
• C) convex-to-the-origin; incomplete
• D) linear; complete

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