The slope of the production possibilities frontier is equal to

0 votes
    the marginal rate of transformation.
     the amount of one good that must be given up to produce an additional unit of the other good.
     the ratio of the prices of the two goods.
     Both 1 and 2.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

0 votes
Both 1 and 2.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)

Related questions

0 votes
1 answer 15 views
15 views asked Jun 2, 2013 in Economics by anonymous
0 votes
1 answer 21 views
0 votes
1 answer 15 views
15 views asked Jun 2, 2013 in Economics by anonymous
0 votes
1 answer 17 views



...