If a production possibilities frontier is a downward sloping straight line, it

A. shows that there are no trade-offs in the production process.
B. shows that resources are not efficiently allocated
C. shows that production on the frontier implies that it is not possible to produce more of anything without producing less of something else.
D. shows that resources are unemployed.

Answer: C

Economics

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New England shippers faced higher labor costs than English shippers

a. in trade between the Southern colonies and England. b. in trade between the West Indies and England. c. in trade between New England and England. d. in all trade with England.

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