The slope of the production possibility frontier shows

a. the marginal rate of substitution between the two goods.
b. the relative marginal costs of the two goods.
c. the efficient combination of outputs possible using fixed amounts of input.
d. the relative marginal productivities of the two goods.

b

Economics

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Trade does not benefit a nation if that nation has a comparative advantage in the production of that good

a. True b. False Indicate whether the statement is true or false

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the 1990s the misery index was

A. between 5 and 12. B. between 12 and 19. C. between 19 and 26. D. between 26 and 33. E. between 33 and 40.

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