sailormaries5314 sailormaries5314
  • 11-01-2018
  • Business
contestada

Which characteristic of the production possibilities curve reflects the law of increasing opportunity costs: its shape or its length?

Respuesta :

andriansp andriansp
  • 22-01-2018
I believe the answer is it's shape.
As an economy devotes more of its resources to a certain tyoe of product, the economy becomes less efficient becaucreatescreate a lot of opportunity cost by not using other available resources. This make the shape of production possibilities curve become bowed-out
Answer Link

Otras preguntas

why did we sample in statistics? Discuss with example.​
HOW did susan B. anthony work for women's rights?​
do number 12 will give BRAINLIEST​
Describe at least three risks a company might face if it participates in global trade. (1-3 sentences. 3.0 points)
What do black history mean to me
caregivers create curriculum out of play by
GEOMETRY I DONT UNDERSTAND
What is the solution to this system of equations? Negative 3 x + 5 y = negative 2. 3 x + 7 y = 26. NEED FAST TAKING UNIT TEST 40 points
the perimeter of a rectangle of lenght 6cm and width 4cm can be given as?​
Two containers filled with water are leaking. Container A leaks at a rate of 1/4 gallon per hour. Container B leaks at a rate of 1/8 gallon per half hour. Deter