Economics: Principles, Problems, and Policies, 19th Edition

Published by McGraw-Hill Education
ISBN 10: 0073511447
ISBN 13: 978-0-07351-144-3

Chapter 1 - Limits, Alternatives, and Choices - Problems - Page 21: 5a

Answer

Other-things-equal assumption

Work Step by Step

This production possibilities curve is based upon the other-things-equal assumption, as the only two factors in the problem are automobiles and forklifts and we must therefore assume that no other unlisted factors change and affect the outcome.
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