Question

The law of increasing opportunity costs is reflected in a production possibilities curve that is: A. an upsloping straight line. B. a downsloping straight line. C. concave to the origin. D. convex to the origin.

Answer 1

The law of increasing opportunity costs is reflected in a production possibilities curve that is concave to the origin.

Answer 2

Answer:

C. concave to the origin.

Explanation:

The law of increasing opportunity costs is reflected in a production possibilities curve that is concave to the origin.