A Straight-Line Production Possibilities Boundary Differs from a Concave Boundary

question 79

Multiple Choice

A straight-line production possibilities boundary differs from a concave boundary in which of the following ways?

• A)The straight-line boundary illustrates constant opportunity costs,whereas the concave boundary illustrates increasing opportunity costs.
• B)The concave boundary illustrates constant opportunity costs,whereas the straight-line boundary illustrates decreasing opportunity costs.
• C)The straight-line boundary does not show scarcity,whereas the concave boundary does.
• D)The straight-line boundary shows opportunity cost,whereas the concave boundary does not.
• E)A straight-line boundary is associated with a command economy,whereas a concave boundary is associated with a free-market economy.

---

Definitions:

Black Hat Conference

A global information security event series providing the latest in research, development, and trends in cybersecurity.

Update Mechanism

A process or system used to make changes or improvements to software or data, ensuring the latest version is available.

Risk Transference

The strategy of shifting potential risk from one party to another, often through insurance or contracts.

FireEye

A cybersecurity company known for providing various products and services aimed at stopping advanced cyber threats.