A linear production possibilities curve indicates which of the following?
A. Constant opportunity costs

B. Decreasing opportunity costs

C. Increasing opportunity costs

D. Diminishing marginal returns

E. Labor-intensive production

A linear production possibility curve (PPC) denotes a situation in which resources are not specialized and can be swapped for one another without incurring additional costs.

As a result, the PPC is a straight line, indicating that opportunity costs remain constant regardless of how far along the curve you move.

Learn more about the production possibilities curve here: https://brainly.com/question/2578952.

A linear production possibilities curve indicates which of the following? A. Constant opportunity costs B. Decreasing opportunity costs C. Increasing opportunity costs D. Diminishing marginal returns E. Labor-intensive production

Respuesta :

What Does a Linear Production Possibilities Curve Indicate?

Otras preguntas

A linear production possibilities curve indicates which of the following?
A. Constant opportunity costs

B. Decreasing opportunity costs

C. Increasing opportunity costs

D. Diminishing marginal returns

E. Labor-intensive production