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Homework answers / question archive / Because you can only get more of one good by giving up some of another good, the shape of a production possibilities curve is:  A

Because you can only get more of one good by giving up some of another good, the shape of a production possibilities curve is:  A

Economics

Because you can only get more of one good by giving up some of another good, the shape of a production possibilities curve is: 
A. upward sloping. B. perfectly vertical. C. perfectly horizontal. D. downward sloping. 
 

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Answer

D.

Explanation

The correct option is D "Downward Sloping". The shape of the Production Possibility Curve is Downward Sloping as more of one good can only be produced by taking resources out from the production of another good. The economy has to make choices and it would still cannot produce unlimited amounts of a good.