If the Isoquants in an Isoquant Map Are Downward Sloping

question 121

Multiple Choice

If the isoquants in an isoquant map are downward sloping but bowed away from the origin (i.e., concave to the origin) , then the production technology violates the assumption of:

• A) technical efficiency.
• B) free disposal.
• C) diminishing marginal returns.
• D) positive average product.

---

Definitions:

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting cognitions, beliefs, or values simultaneously.

Internal Frustration

A psychological state that arises from internal conflict or unmet needs, leading to emotional distress and sometimes aggressive behavior.

Catastrophes

Large-scale disasters, mishaps, or failures that cause significant harm, damage, or loss of life.

Pressure

The force exerted per unit area on an object's surface by a fluid (liquid or gas) or by a solid against a surface.