A Production Possibilities Curve Is Negatively Sloped Because

question 152

Multiple Choice

A production possibilities curve is negatively sloped because:

• A)​unemployment increases as an economy moves down along the curve.
• B)​along the curve, production of one good must be sacrificed in order to increase production of another.
• C)​unemployment decreases as an economy moves down along the curve.
• D)​as the price falls, more goods are purchased.

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Definitions:

Antipyretic

A type of medication or substance that reduces fever.

Sepsis

A life-threatening condition caused by the body's response to an infection, leading to tissue damage, organ failure, and potentially death.

Milligram

A unit of mass equal to one thousandth of a gram.

Milliliter

A unit of volume in the metric system, equal to one thousandth of a liter, commonly used to measure liquids.