The Diagram Below Shows Two Production Possibilities Boundaries for Country

question 62

Multiple Choice

The diagram below shows two production possibilities boundaries for Country X.
FIGURE 1- 4
-Refer to Figure 1- 4.Growth in the country's productive capacity is illustrated by

• A)a movement from a point inside the boundary such as C to the boundary.
• B)a single point such as A on the boundary.
• C)a point like D outside the boundary.
• D)the movement between points on a given boundary.
• E)an outward shift of the boundary,for example from PPB1 to PPB2.

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Definitions:

Rank-order

The arrangement or classification of items based on their importance, value, or quality in a sequential hierarchy.

Resolution Phase

The stage in conflict management or negotiation processes where parties come to an agreement and resolve their differences.

Initiation Phase

The initial stage in a process or project where objectives are set and tasks are begun.

Bargaining Phase

is a stage in negotiation wherein parties discuss their wants and needs directly, attempting to come to a compromise.