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The Law of Increasing Opportunity Costs is the economic principle that states the greater production of one good requires giving upmore of another good. How is this represented? A. The PPF Curve is a vertical
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The Law of Increasing Opportunity

Costs is the economic principle that
states the greater production of one
good requires giving upmore of
another good. How is this
represented?
A. The PPF Curve is a vertical line.
B. The PPF Curve is a horizontal line.
C. The PPF Curve is bowed outward.

User Lmno
by
3.8k points

2 Answers

5 votes

Answer:

The PPF Curve is a horizontal line

Step-by-step explanation:

You need to increase one output of good by the decrease of the other one.

User Valderman
by
5.0k points
5 votes

Answer:

C. The PPF Curve is bowed outward

Step-by-step explanation:

I just answered this question on Acellus

User Khayyam
by
4.1k points
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