The Production Possibilities Curve Illustrates the Basic Principle That

question 112

Multiple Choice

The production possibilities curve illustrates the basic principle that

• A)an economy's capacity to produce increases in proportion to its population.
• B)if all resources of an economy are in use, more of one good can be produced only if less of another is produced.
• C)an economy will automatically seek that output at which all of its resources are employed.
• D)no opportunity cost exists in production.

---

Definitions:

Discrimination Charge

An accusation made against an individual or organization regarding unfair treatment based on race, gender, age, or other protected characteristics.

Legal Battle

A dispute resolved in the court system between two or more parties over legal rights or responsibilities.

Conflict Handling Style

The approach or methodology an individual uses to address and resolve disputes or disagreements.

Conflict Avoidance

A strategy or behavior aimed at preventing or minimizing disputes by avoiding confrontational situations or discussions.