A Straight-Line Production Possibilities Curve Would Indicate That

question 43

Multiple Choice

A straight-line production possibilities curve would indicate that

• A)resources are better suited for producing one output than another.
• B)the opportunity cost of producing more of a good is decreasing.
• C)the opportunity cost of producing a good is constant.
• D)resources are fixed.

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Definitions:

Airspace

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Lanham Act

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Interstate Use

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