If the Production Possibilities Curve Is a Straight Line

question 79

Multiple Choice

If the production possibilities curve is a straight line,

• A)opportunity costs rise as output of either commodity is expanded.
• B)resources are not equally productive in the production of both goods.
• C)opportunity costs are negative.
• D)resources can be moved from the production of one good to production of others with no loss of productivity.

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Definitions:

Active Religious Faith

Engagement in religious practices and beliefs with sincerity and regular participation, often resulting in positive psychological or social outcomes.

Well Educated

Having acquired extensive knowledge or learning through formal education or personal study.

Younger Than 50

Refers to individuals or entities that are below the age of 50 years.

Income Inequality

The uneven distribution of income within a population, leading to disparities in wealth and living standards among different social and economic groups.