AP Microeconomics Quiz
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BASIC ECONOMIC CONCEPTS
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Based on the PPC shown, which statement about the slope of the PPC between point A and point B is correct?
A
The slope is positive, so producing more of both goods is possible along the PPC.
B
The slope is negative, reflecting a tradeoff between Good X and Good Y.
C
The slope is zero, so Good Y does not change when Good X changes between A and B.
D
The slope is undefined, so opportunity cost cannot be measured between A and B.
E
The slope is constant everywhere on the PPC because the curve is bowed outward.
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