Which of the Following Correctly Characterizes the Shape of a Constant

question 118

Multiple Choice

Which of the following correctly characterizes the shape of a constant opportunity cost production possibilities curve?

• A)A straight line indicating that the law of increasing opportunity costs applies.
• B)A straight line when there is constant opportunity costs.
• C)A line that curves outward when resources are perfectly adaptable in the production of different goods.
• D)A line that curves inward when resources are perfectly adaptable in the production of different goods.

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Definitions:

Nonfunctional

Refers to something that does not work or operate as intended.

Sensorimotor

The developmental stage in early childhood (from birth to about 2 years old) during which infants learn through sensory experiences and manipulating objects.

Mental Representations

Internal cognitive symbols, ideas, or concepts that stand in for objects, events, or conditions, influencing how we perceive and interact with the world.

Quadrupled

Increased by four times in quantity or value.