Which of the Following Is NOT an Assumption That Economists

question 36

Multiple Choice

Which of the following is NOT an assumption that economists make when developing a production possibilities frontier (PPF) ?

• A) We live in a world with only two goods.
• B) There are no increases in technology.
• C) There is no change in available resources.
• D) Society will always be producing somewhere on the PPF.
• E) There are no decreases in technology.

---

Definitions:

Facilitator

An individual who makes an action or process easier or assists in the progress of discussions and processes within a group.

Supervisor

An individual who oversees and manages the work of others, typically in a professional or work setting.

Participant

An individual who takes part in an activity or event, often used in the context of research, workshops, or group processes.

Formal Group

An officially recognized collective that is supported by the organization.