A production possibilities curve always slopes downward to the right because resources
a. are not scarce.
b. have no opportunity cost.
c. are freely available.
d. are limited.
e. are not related to outputs.
d
You might also like to view...
The demand curve for capital is
a. its entire marginal physical product curve. b. the downward-sloping portion of its marginal physical product curve. c. its entire marginal revenue product curve. d. the downward-sloping portion of its marginal revenue product curve.
All of the following are an example of "off-shoring" EXCEPT
A. Accounting work that is sent over the Internet by a company in Milwaukee, WI to Ireland. B. An X-ray read by an Indian physician sent over the Internet from Durango, Colorado. C. Briefs for law firms typed by people in China. D. A retailer hires a local janitorial firm to clean their stores at night.