If an Economy Takes Advantage of the Comparative Advantage of Some

question 15

Multiple Choice

If an economy takes advantage of the comparative advantage of some resources over others,the slope of its production possibilities curve is likely to be

• A) negative and constant.
• B) positive and constant.
• C) negative,but not constant.
• D) positive,but not constant.
• E) zero.

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Definitions:

False Premise

A logical fallacy where an argument is built on a statement that is assumed to be true but is actually false, misleading, or unfounded.

Valid Deductive Argument

An argument where, if the premises are true, the conclusion must also be true, demonstrating a logical structure.

Conclusion

The statement within an argument that is backed up by other statements.

False

Not true or correct; erroneous.