A PPF, such as the graph, that bows outward illustrates
A) increasing opportunity cost.
B) that technology is improving.
C) that productivity is falling.
D) decreasing opportunity cost.
Answer: A
A PPF, such as the graph, that bows outward illustrates
A) increasing opportunity cost.
B) that technology is improving.
C) that productivity is falling.
D) decreasing opportunity cost.
Answer: A