Given a production possibility curve for good X (on the x-axis) and good Y (on the y-axis), the opportunity cost of increasing good X is greatest when the slope of the production possibility curve is:
A) −6.
B) −4.
C) 6.
D) 4.

Question

Quizplus · Accepted Answer

The opportunity cost is greatest when the slope of the production possibility curve is steepest in the negative direction, which is indicated by the most negative slope, −6.

Given a Production Possibility Curve for Good X (On the X-Axis)