The line (or curve) that represents the combinations of the two goods produced on the production possibilities frontier is a boundary between output levels that are and output levels that are unattainable. (Remember - use only one word to fill in the blank.)

The production possibilities frontier, or curve, is a graphical representation of theMultiple choice question.production possibilities theory.production possibilities schedule.production possibilities ladder.consumer possibilities schedule.

The production combinations that fall directly on the production possibilities frontier (curve) are and efficient. (Use one word to fill in the blank.)

When production is characterized by opportunity costs, the resulting production possibilities frontier will be a straight line.

When production is characterized by constant opportunity costs, the resulting production possibilities frontier will be a __ line.Multiple choice question.horizontalstraightverticalcurved

The production possibilities frontier is a graph that shows the various combinations of: a. Output the economy can possibly produce, given the available resources and technology b. Wheat the economy can possibly produce, given the available cement c. Concrete the economy can possibly produce, given the available agricultural land d. Resources the economy can possibly produce, given the available output