The Production Possibilities Curve Illustrates the Basic Principle That

question 59

Multiple Choice

The production possibilities curve illustrates the basic principle that

• A) an economy's capacity to produce is unrelated to its population.
• B) if all the resources of an economy are being used efficiently, more of one good can be produced only if more of another good is produced.
• C) an economy will automatically move toward a point at which all of its resources are being used inefficiently.
• D) if all the resources of an economy are being used efficiently, more of one good can be produced only if less of another good is produced.

---

Definitions:

Etiology

The study of the causes or origins of diseases or conditions, aiming to understand why a disease develops.

Obsessive-Compulsive Personality Disorder

A personality disorder characterized by a pervasive pattern of preoccupation with orderliness, perfectionism, and control, at the expense of flexibility, openness, and efficiency.

Schedules

Planned sequences or timetables for activities, tasks, or events, often used to manage time and organize routines.

Trivial Details

Information or aspects that are considered insignificant or of little importance in the larger context or scheme of things.