Increasing Opportunity Cost While Moving Along a Production Possibilities Frontier

question 149

Multiple Choice

Increasing opportunity cost while moving along a production possibilities frontier is the result of

• A) the fact that it is more difficult to use resources efficiently the more society produces.
• B) taxes.
• C) the fact that resources are not equally productive in alternative uses.
• D) firmsʹ needs to produce profits.

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Definitions:

Hostile Sexism

Negative attitudes and stereotypes about women that are openly antagonistic or derogatory.

Paid Less

Receiving lower compensation for work performed compared to others, often highlighted in discussions of wage disparities.

Competent

Having the necessary ability, knowledge, or skill to perform a task successfully or efficiently.

Social Cognitive Perspective

A theoretical framework in psychology that emphasizes the role of observational learning, social experience, and reciprocal determinism in the development of personality and behaviors.