Question

The idea that tradeoffs have to be made when resources are scarce is reflected in the fact that: points below the production possibilities curve are efficient. Points below the production possibilities curve are inefficient. The production possibilities curve has a negative slope. The slope of a linear production possibilities is constant.

Answer 1

Answer: The production possibilities curve has a negative slope.

Explanation:

Production possibility frontiers shows us the combination of goods that can be produced in a nation using all of its resources. Since, resources are scarce it is only possible to produce more units of one good by producing less of the other. Thus, the slope of the production possibility frontier is negative.

Other options, does not tell us anything about the scarcity of resources.