A Production Possibilities Curve Always Slopes Downward to the Right

question 5

Multiple Choice

A production possibilities curve always slopes downward to the right because resources

• A)are not scarce.
• B)have no opportunity cost.
• C)are freely available.
• D)are limited.
• E)are not related to outputs.

---

Definitions:

Sake of Duty

Acting out of a sense of moral or ethical obligation rather than for personal gain or desire.

Maxim

A concise and general principle or rule of conduct, often serving as a guideline for behavior.

Hypotheticals

Hypotheticals refer to situations or scenarios that are imagined or speculated about, often used in reasoning or in discussing possible outcomes.

Principle

A basic principle or statement that forms the basis for a belief system or for logical thinking.