Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
Opportunity cost
|
the value of the best alternative not chosen
|
|
Along a bowed out production possibility frontier, as more of one good is produced
|
technology remains constant
|
|
A production possibilities frontier will be bowed-out if
|
resources are not perfectly adaptable to making each good
|