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Alja [10]
4 years ago
8

If a production possibilities frontier appears as a downward sloping straight line, which of the following occurs?

Business
1 answer:
lora16 [44]4 years ago
8 0

Answer:

The correct answer is option d.

Explanation:

A production possibility curve shows the different bundles of two goods that can be produced using all the resources and technology available.

The slope of the curve represents the opportunity cost of producing a good.

We cannot increase the production of both goods, so we need to sacrifice one good if we want to increase the production of the other.

A straight line downward sloping frontier means that the opportunity cost of production is constant. This means that the resources are perfectly substitutable in the production of two goods. So throughout the production process, the marginal opportunity of producing each additional unit will remain constant.

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The public relations function can be handled by an internal public relations officer or department or by an external public rela
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2 years ago
Willow Wanderer Cameras Inc. reported the following results for the year ending October 31, 20Y9: Retained earnings, November 1,
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Answer:

The statement would be:

Date: October 31, 2019

Net Income                $680,700

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3 0
3 years ago
Huduko Inc. offers a number of computer services. Huduko operates with a utilization of 30 percent. The interarrival time of job
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Answer:

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