This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: As an economy moves down along a straight line production possibilities frontier, what happens to ... (Read 106 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
on: May 24, 2019
As an economy moves down along a straight line production possibilities frontier, what happens to the opportunity cost of producing the good on the horizontal axis?
◦ It remains constant.
◦ It decreases.
◦ It increases.
◦ Above the midpoint it decreases until it equals 1 at the midpoint, and then it increases.
◦ None of these depict what happens to opportunity cost.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Tazate on May 24, 2019

shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #1 on: May 24, 2019
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.
Answer Preview
Only 25% of students answer this correctly


Tazate

  • Hero Member
  • *****
  • Posts: 532
Reply #2 on: May 24, 2019
TY


shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #3 on: May 24, 2019
You're welcome


« previous next »
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Spectral Line Motion in Binary Star Systems Spectral Line Motion in Binary Star Systems
Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu
a) Keep your thumb straight when applying pressure. b) Avoid hyperextending the thumb. c) Avoid ... a) Keep your thumb straight when applying pressure. b) Avoid hyperextending the thumb. c) Avoid ...
The Importance in the World Fossil Fuel Economy The Importance in the World Fossil Fuel Economy
Products like Beano contain enzymes that help reduce the production of gas in the large intestine Products like Beano contain enzymes that help reduce the production of gas in the large intestine
The production of a new allopolyploid species The production of a new allopolyploid species
Video: HIV Infection: Viral life cycle

For a complete list of videos, visit our video library