If additional units of output could be produced at constant opportunity cost, the production possibilities curve would be:
A)bowed inward toward the origin.
B)bowed outward away from the origin.
C)positively sloped with a concave curvature.
D)a straight line with a negative slope.
E)positively sloped with a convex curvature.

Question

Quizplus · Accepted Answer

If additional units of output could be produced at constant opportunity cost, the production possibilities curve would be a straight line with a negative slope. This is because the opportunity cost is constant, meaning that the same amount of one good must be given up to produce each additional unit of the other good. This results in a linear relationship between the two goods, where the production of one good must be sacrificed in order to produce more of the other good.

If Additional Units of Output Could Be Produced at Constant