Exhibit 2-9 Production Possibilities Curve

question 44

Multiple Choice

Exhibit 2-9 Production possibilities curve

-Movement along this production possibilities curve shown in Exhibit 2-9 indicates:

• A) that labor is not equally productive or homogeneous (nonhomogeneous).
• B) decreasing opportunity costs.
• C) all inputs are homogeneous.
• D) all of the above.

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