A Country's Production Possibilities Boundary Shows That

question 96

Multiple Choice

A country's production possibilities boundary shows that

• A)when a society combines its resources efficiently,it cannot produce more of one good without producing less of the other good.
• B)when a society combines its resources inefficiently,it cannot produce more of one good without producing less of the other good.
• C)when a society combines its resources efficiently,it is always possible to produce more of all goods.
• D)all points inside the boundary are preferred to all points on the boundary.
• E)the supply for goods always exceeds the demand.

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Definitions:

Ostracism

The act of ostracizing or barring someone from participation in a community or group.

Narcissism

A personality trait characterized by a grandiose sense of self-importance, a need for excessive admiration, and a lack of empathy for others.

Affiliation

The need or drive to create and maintain social relationships with others.

Autonomy

The capacity and freedom to make one's own choices and decisions, independent of external control or influence.