An economy's production possibility curve will be a straight line ...

[chads108]

An economy's production possibility curve will be a straight line if:
 a. resources are not equally substitutable among productive tasks.
 b. the economy experiences significant unemployment.
 c. the opportunity cost of production of a good decreases as more of it is produced.
  d. the opportunity cost of production of a good is constant as more of it is produced.

Question 2

Sticky wages and input prices can explain why profits change along a short run aggregate supply curve.
 a. True
  b. False
  Indicate whether the statement is true or false

[okolip]

Answer to Question 1

d

Answer to Question 2

True

[chads108]

Gracias!

[ecabral0]

Thanks for the timely response, appreciate it