The Slope of the PPF Can Be Expressed As

question 102

Multiple Choice

The slope of the PPF can be expressed as:

• A) the ratio of abundance of capital to labor.
• B) the preferences of consumers in terms of marginal utility.
• C) the ratio of the quantities of good 1 and good 2.
• D) the negative of the ratio of the marginal products of labor in producing each good.

---

Definitions:

Cash Over And Short

Cash Over And Short account tracks discrepancies between actual cash received and the expected amount according to sales documents or records.