If the Production Possibilities Curve Is a Straight Line

question 79

Multiple Choice

If the production possibilities curve is a straight line,

• A)opportunity costs rise as output of either commodity is expanded.
• B)resources are not equally productive in the production of both goods.
• C)opportunity costs are negative.
• D)resources can be moved from the production of one good to production of others with no loss of productivity.

Evaluate the socio-economic transformations within the United States resulting from the Second World War, including the impacts on labor, the economy, and immigrant communities.

Understand the different options and behaviors employees have within an organization, including turnover and absenteeism.

Recognize the limitations of the Markov model and identify alternative predictive models for HR planning.

Comprehend the impact of errors in estimating human capital supply and strategies to mitigate such errors.

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Definitions:

-ian

A suffix used to form adjectives and nouns indicating belonging or pertaining to a person, place, thing, or idea.

-cian

A suffix indicating a person's profession or a specialized field of expertise.

Nasolabial

Relating to the nose and the upper lip, particularly the crease or fold running from the side of the nose to the corner of the mouth.

Labionasal

Pertaining to both the lips and the nose; often used in speech pathology.