what-does-the-slope-of-the-ppf-curve-indicate-about-opportunity-costs

Question

What does the slope of the PPF curve indicate about opportunity costs?

Accepted Answer

The slope represents the opportunity cost of one good in terms of the other.

Answer

The slope is irrelevant to opportunity costs.

Answer

The slope indicates the total production capacity of the economy.

Answer

The slope shows the level of unemployment in the economy.