Question

The production possibilities curve is bowed out (curve) because

A. as the price of a good increases, the quantity supplied increases.
B. as production of one good increases, the opportunity cost remains constant.
C. as production of one good increases, the opportunity cost increases.
D. as the price of a good increases, the quantity supplied decreases.

Answer 1

I think it's B

Step-by-step explanation:

Because there are increasing opportunity costs of production.

Answer 2

as the price of a good increases,the quantity supplied decreases