If an economy experiences increasing opportunity costs with respect to two goods, then the production possibilities curve betwee

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Katen [24]

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If an economy experiences increasing opportunity costs with respect to two goods, then the production possibilities curve betwee

n the two goods will be

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1 answer:

umka2103 [35] · Answer 1 · 2023-05-05T14:56:45+03:00

Production possibilities curve between the two goods will be a straight, downward-sloping line if the opportunity cost rise.

<h3>What is production possibilities curve?</h3>

The production possibilities curve serves as graph that display the relationship between the resources and the output that can be produced.

Therefore, when the opportunity cost that exists between two goods, there will be. downward slope as regards the production possibilities curve.

Learn more about production possibilities curve at;

brainly.com/question/2601596

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