When Drawing a Production Possibilities Frontier, All of the Following

question 140

Multiple Choice

When drawing a production possibilities frontier, all of the following are usually assumed except one.Which is the exception?

• A)The quantity of resources is rapidly growing.
• B)Technology is fixed.
• C)Resources can be shifted between production of the two goods.
• D)The production possibilities frontier is drawn for a particular time period.
• E)Resources are fully and efficiently employed.

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Definitions:

Autonomy

The power to independently decide in an informed and free manner.

Affiliation

The connection, association, or relationship between individuals or groups, often established for mutual benefit or to meet a common goal.

Ostracism

refers to the exclusion from a society or group.

Chain Migration

A process by which immigrants sponsor several other relatives for immigration, creating chains of people linked by family ties.