Multiple Choice
If the production possibilities frontier between two goods is a straight line,then the
A) opportunity cost is not a ratio.
B) resources are equally productive in both goods.
C) line does not qualify as a production possibilities frontier because the unattainable production points are too close to the inefficient production points.
D) Both answers A and C are correct.
E) Both answers A and B are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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