When the production possibilities frontier bows outward from the origin:}
A) opportunity costs are decreasing.
B) opportunity costs are constant.
C) some of society's resources are unemployed.
D) opportunity costs are increasing.
Answer: D
When the production possibilities frontier bows outward from the origin:}
A) opportunity costs are decreasing.
B) opportunity costs are constant.
C) some of society's resources are unemployed.
D) opportunity costs are increasing.
Answer: D