0
Yes, production possibility curve slopes downwards to the right indicating that the economy has to forgo some quantity of one commodity to have more quantity of other commodity.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is the typical slope of a demand curve?
Downward
Why does Investment Savings Curve slope downward?
due to negative slope
Which direction does the demand curve slope?
Is always negative. (should be in all caps for emphasis)
The negative slope of the production possibilities curve illustrates?
when resources are fully employed, an economy can produce more of one thing only by producing less of something else
The negative slope of the production possibilities curve illustrates that?
when resources are fully employed, an economy can produce more of one thing only by producing less of something else
What is the typical slope of a demand curve?
Downward
Why does Investment Savings Curve slope downward?
due to negative slope
Supply curve slope downward?
supplycurve is negative slope in decreasing cost industry
Slope of indifference curve?
indifference curves slopes downward to the right
Which direction does the demand curve slope?
Is always negative. (should be in all caps for emphasis)
The negative slope of the production possibilities curve illustrates?
when resources are fully employed, an economy can produce more of one thing only by producing less of something else
The negative slope of the production possibilities curve illustrates that?
when resources are fully employed, an economy can produce more of one thing only by producing less of something else
Why demand curve slopes downward?
Demand curve is slope downward because of inverse relationship between price and quantity.
How does the principle of diminishing marginal utility explain the slope of the demand curve?
The principle of diminishing marginal utility explains the slope of the demand curve by letting us be able to see which direction the slope is in, which is always downward.
Why does the average variable cost curve initially slope downward?
The average variable cost curve compares the company's maximum performance to its present state. For example if the minimum profits are to the left of the AC it means the company will decrease profits by increasing their production. Therefore creating a curve.
Moving left to right the typical production possibilities curve ahas a constant neg slope b has a constant posit slope cillustrates increasing opportunity costs d ill decreasing oppor cost?
Moving from left to right, the typical production possibilities curve:C)illustrates increasing opportunity costsFeedback: The typical curve is bowed out from the origin, reflecting increasing sacrifices of one good as the other is increased. This is the principle of increasing opportunity costs.
Moving left to right the typical production possibilities curve ahas a constant neg. slope b has a constant posit. slope cillustrates increasing opportunity costs d ill. decreasing oppor. cost.?
Moving from left to right, the typical production possibilities curve:C)illustrates increasing opportunity costsFeedback: The typical curve is bowed out from the origin, reflecting increasing sacrifices of one good as the other is increased. This is the principle of increasing opportunity costs.
