Q482
Assume that a PPC for wheat and rice is drawn so that it is a straight line. This means that
A.
the cost of producing rice in terms of wheat falls as more rice is produced
B.
the cost of producing rice in terms of wheat does not change as more rice is produced
AnswerC.
the fixed costs of rice and wheat are equal
D.
the average cost of population of rice and wheat are at their optimum level
Answer: Option B
Solution
Answer: Option B
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