If the Production Possibility Frontier Is a Straight Line

question 93

Multiple Choice

If the production possibility frontier is a straight line:

• A)opportunity costs are constant.
• B)the firm faces increasing costs.
• C)the firm faces decreasing costs.
• D)there is no trade-off between the two goods represented.

---

Definitions:

Shepard's

A citation system and tool used in legal research to locate and verify the precedent-setting status of legal cases by tracking how cases have been cited by others.

Followed

To adhere to or conform to specific rules, guidelines, or precedents established previously.

Shepard's Law Review Citations

A citation system used to check the history and treatment of a legal case, statute, or regulation to ensure it is still good law.

Legal Periodicals

Publications, often published regularly, that contain articles, essays, and papers on legal topics.