If the Production Possibilities Curve Is a Straight Line

question 235

Multiple Choice

If the production possibilities curve is a straight line,

• A)the two goods will sell at the same market prices.
• B)economic resources are perfectly substitutable between the production of the two goods.
• C)the two goods are equally important to consumers.
• D)equal quantities of the two goods will be produced at each possible point on the curve.

---

Definitions:

Violet

A color in the visible spectrum, as well as a flowering plant, that typically has a purple or blue hue.

Ribulose Bisphosphate (RuBP)

A substance involved in the photosynthesis process, acting as a co2 acceptor in the Calvin cycle.

Phosphoglyceraldehyde (PGAL)

A three-carbon molecule formed during the Calvin cycle of photosynthesis and glycolysis in cellular respiration.

Carbon Dioxide

Carbon dioxide is a colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and is absorbed by plants in photosynthesis.