Moving from One Point on the Production Possibilities Frontier to Another

question 479

Multiple Choice

Moving from one point on the production possibilities frontier to another _ .

• A) involves a tradeoff and incurs an opportunity cost
• B) involves no tradeoff but it does incur an opportunity cost
• C) involves an opportunity cost but no tradeoff
• D) involves a tradeoff but does not incur an opportunity cost

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Definitions:

Linguistic Relativity

The hypothesis that the structure of a language affects its speakers' world view or cognition, and thus people's perceptions are relative to their spoken language.

Morphemes

The smallest units of language that carry meaning, which can be words themselves or parts of words, such as prefixes or suffixes.

Phonemes

The basic units of sound in a language that distinguish one word from another, for example, the difference between the p in "pat" and the b in "bat".

Phonemes

The smallest units of sound in a language that can distinguish between meanings of words.