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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1081621
Introduction to Economics 1 Deneme Sınavı Sorusu #1081621
Which of the following is true regarding the shape production possibility frontier (PPF)?
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It is a positive linear line |
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It is a negative linear line |
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It is concave to the origin |
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It is bowed inward |
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It is convex to the origin |
Yanıt Açıklaması:
The PPF is concave to the origin or bowed outward. This curvature implies that the number of one good that the firm has to give up to be able to increase
the number of other good produced vary as more and moreof that good are produced. the answer is C.
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