The Negative Slope of the Production Possibilities Frontier Represents the Idea

question 168

Multiple Choice

The negative slope of the production possibilities frontier represents the idea

• A) that free lunches are possible.
• B) of tradeoffs, that in order to produce more of one good, the nation must produce less of another.
• C) of unemployment.
• D) of inefficient production.
• E) that prices rise as less is produced.

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Definitions:

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