Along a Bowed-Out Production Possibilities Frontier, as More of One

question 64

Multiple Choice

Along a bowed-out production possibilities frontier, as more of one good is produced, _____

• A) the opportunity cost of producing that good remains constant.
• B) the opportunity cost of producing that good decreases.
• C) efficiency decreases.
• D) the opportunity cost of producing both goods remains constant.
• E) the quantity produced of the other good will be reduced.

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