The Production Possibility Curve Is Bowed Outward from the Origin

question 196

Multiple Choice

The production possibility curve is bowed outward from the origin because of:

• A) the law of increasing opportunity costs.
• B) the finite nature of the resource base.
• C) inefficiency.
• D) improper output mix.
• E) unemployment.

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Definitions:

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Acidic Foods

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Uremic Syndrome

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