The Bowed-Outward Shape of a PPF

question 214

Multiple Choice

The bowed-outward shape of a PPF

• A) is due to the existence of increasing opportunity cost.
• B) reflects the unequal application of technology in production.
• C) illustrates the fact that no opportunity cost is incurred for increasing the production of the good measured on the horizontal axis but it is incurred to increase production of the good measured along the vertical axis.
• D) is due to capital accumulation.

---

Definitions:

Greed

An intense and selfish desire for something, especially wealth, power, or food.

Corporate Deviance

involves unlawful or unethical behavior committed by a company or individuals acting on its behalf, often to increase profits.

Occupational Deviance

Non-adherence to the norms or rules of one's profession, which can range from minor infractions to serious violations like fraud.

Criminal and Noncriminal Forms

Refers to behaviors or actions that can be categorized as illegal and punishable, as well as those that are not against the law but may still be socially disapproved.