If an Economy Has to Sacrifice Only One Unit of Good

question 173

Multiple Choice

If an economy has to sacrifice only one unit of good X for each unit of good Y produced throughout the relevant range, then its production possibilities curve has a(n) :

• A) zero slope.
• B) constant, negative slope.
• C) increasing, negative slope.
• D) decreasing, negative slope.

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Definitions:

Secondary Reinforcers

Stimuli that acquire their reinforcing properties through their association with primary reinforcers, such as money getting its value from the things it can buy.

Schedules of Reinforcement

The specific patterns and timings of rewards or punishments that control the rate and timing of responses in operant conditioning.

Response Pattern

The characteristic manner in which an individual or system reacts to a specific stimulus or series of stimuli.

Preparedness

The concept that certain associations are learned more readily than others due to evolutionary predispositions.