Which of the Following Can Expand the Production Possibilities Frontier

question 26

Multiple Choice

Which of the following can expand the production possibilities frontier?

• A)Improved patent laws
• B)Legal reforms that increase transaction costs
• C)Reductions in the length of patent protection
• D)Stringent tax laws for R&D companies
• E)The advent of a labor deepening technology

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Definitions:

Babbling

Early stage vocalizations by infants that involve repetition of syllables and are a key aspect of language development.

Syntax

The set of rules, principles, and processes that govern the structure of sentences in any given language, including the order of words.

Babbling

Early stage of language development in infants, characterized by repetitive sounds and syllables.

Speech Development

The process by which children learn to communicate through spoken language, from babbling as infants to forming complete sentences.