The Slope of Any Production Possibilities Curve Is __________ Because

question 30

Multiple Choice

The slope of any production possibilities curve is __________ because __________.

• A) negative;production of one of the two goods is always insufficient
• B) negative;to produce more of one good means less production of the other
• C) constant;the trade-off in production never changes
• D) positive;to produce more of one good means more production of the other
• E) positive;to produce more of one good means less production of the other

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Definitions:

Services Provided

Activities performed by a company or individual for the benefit or use of another party, typically in exchange for compensation.

Debit

An entry on the left side of an account ledger, indicating an increase in assets or expenses, or a decrease in liabilities, equity, or revenue.

Credit

A bookkeeping entry that increases the balance of liabilities and revenue accounts, or decreases the balance of an asset or expense account.

Accounts Receivable

Liabilities customers hold towards a business for the delivery of goods or services that have not been paid off.