Use the Following to Answer Question(s): Production Possibilities in Alphaland

question 97

Multiple Choice

Use the following to answer question(s) : Production Possibilities in Alphaland and Omegaland

-(Exhibit: Production Possibilities in Alphaland and Omegaland) The slopes of the production possibilities curves (PPCs) in the two countries are:

• A) determined by the slopes of tangents drawn to the PPCs.
• B) always positive.
• C) a reflection of the fixed costs of production.
• D) not comparable since they each have their own PPC.

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