A PPF is more likely to be a downward-sloping curve that is bowed outward than a downward-sloping straight line because most resources are O a. better suited for the production of some goods than others. b. used to produce consumption goods. C. used efficiently. d. relatively cheap at low levels of output.
A PPF is more likely to be a downward-sloping curve that is bowed outward than a downward-sloping straight line because most resources are O a. better suited for the production of some goods than others. b. used to produce consumption goods. C. used efficiently. d. relatively cheap at low levels of output.
Chapter1: Making Economics Decisions
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![A PPF is more likely to be a downward-sloping curve that is bowed outward than a downward-sloping straight line because most resources are
O a. better suited for the production of some goods than others.
b. used to produce consumption goods.
C. used efficiently.
d. relatively cheap at low levels of output.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F29b25716-5eb6-4537-b644-b049114aff43%2F1baf72e0-f36d-4203-aac3-90a825bb934c%2F51xocgr.jpeg&w=3840&q=75)
Transcribed Image Text:A PPF is more likely to be a downward-sloping curve that is bowed outward than a downward-sloping straight line because most resources are
O a. better suited for the production of some goods than others.
b. used to produce consumption goods.
C. used efficiently.
d. relatively cheap at low levels of output.
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