The Production Possibilities Frontier Is Concave to the Origin If

question 71

Multiple Choice

The production possibilities frontier is concave to the origin if:

• A)the opportunity cost of production good increases with quantity.
• B)all firms experience increasing returns to scale in production.
• C)at least one firm experiences decreasing returns to scale.
• D)the marginal rate of transformation falls along it.

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Definitions:

Behavioural Therapist

A professional who employs principles of behaviorism to treat psychological disorders and modify problematic behaviors through techniques such as conditioning.

Nonaggressive Ways

Methods or approaches that avoid violence or hostility in dealing with others or resolving conflicts.

Maladaptive Beliefs

Irrational or dysfunctional thought patterns that negatively influence behavior and well-being.

Negative Thoughts

Internal, critical, or pessimistic perceptions and beliefs that can affect mood and well-being.