As we move along a bowed-out production possibility frontier, producing more tacos and less pizza, the opportunity cost of a pizza ________
A) increases
B) remains the same
C) decreases
D) increases and then decreases
C
Economics
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The slope of a nonlinear curve
A) is constant. B) is always negative. C) changes along the various points of the curve. D) is always equal to 1.
Economics
One potential outcome of vote trading would be ______.
a. the disappearance of political parties b. the elimination of the influence of special interests c. special interests prevailing and harming the overall good d. equal representation for all people
Economics