If the Production Possibilities Curve Is a Straight Line, Then

question 145

Multiple Choice

If the production possibilities curve is a straight line, then:

• A) The opportunity cost of producing one good is zero
• B) The law of increasing opportunity costs does not apply
• C) The society can produce more of both goods simultaneously
• D) The society is capable of producing only one of the goods and not the other

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Definitions:

Base-10 Number System

The base-10 number system, also known as the decimal system, is a numbering system that uses 10 as its base and includes digits from 0 to 9.

Irregular Number Words

Describes number words that do not follow a typical pattern or sequence found in the linguistic representation of numbers.

Pig Latin

A playful form of language created by altering the letters in English words, typically for amusement or secret communication.

Syllables

The units of organization for a sequence of speech sounds, typically consisting of a vowel sound or a vowel and consonant combination.