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Author Question: The straight-line production possibilities curve introduced in the text (Read 360 times)

jc611

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on: Sep 7, 2020

Question 1

A production possibilities curve that is a straight line represents the case of
◦ increasing costs.
◦ constant opportunity costs but decreasing real costs.
◦ constant costs.
◦ decreasing costs.
◦ constant opportunity costs but increasing real costs.

Question 2

The straight-line production possibilities curve introduced in the text
◦ fails to benefit trading nations.
◦ is not subject to increasing opportunity costs.
◦ fails to reflect tradeoffs.
◦ refutes the principles of comparative advantage.
◦ All of the above.
International Economics ¦ Gerber ¦ 6th Edition
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Marked as best answer by jc611 on Sep 7, 2020

joshraies

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Reply #1 on: Sep 7, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jc611

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Reply 2 on: Sep 7, 2020
Great answer, keep it coming :)

mohan

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Reply 3 on: Yesterday
Excellent

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