Q. If the production possibilities curve was a straight line, this would imply that
A) Equal quantities of both products are produced at each possible point on the curve
B) Economic resources are perfectly substitutable, in the production of the two products
C) The two products are equally important to consumers
D) The two products will sell at the same market price
✔ Correct Answer: The two products will sell at the same market price
Exam Insight
-
