If Good "A" Is Represented on the Horizontal Axis and Good

question 9

Multiple Choice

If good "A" is represented on the horizontal axis and good "B" on the vertical axis, then the steeper the production possibilities frontier at a given level of production of good "A," the

• A)larger the opportunity cost of producing an extra unit of good "A."
• B)larger the quantity of resources being devoted to the production of good "B."
• C)smaller the quantity of resources being devoted to the production of good "A."
• D)smaller the opportunity cost of producing an extra unit of good "A."
• E)greater the returns to scale in the production of good "A."

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Definitions:

Paedomorphosis

A developmental phenomenon where adults of a species retain juvenile characteristics.

Axolotl Salamander

An aquatic salamander known for its capacity to regenerate limbs and other body parts, native to Mexico and popular in scientific research.

Juvenile Characteristics

Traits or features displayed by young individuals of a species that are typically lost or altered upon reaching adulthood.

Biological Species Concept

A definition of species whereby individuals are considered to belong to the same species if they are capable of interbreeding and producing fertile offspring.