If a Production Possibilities Curve Were Bowed in or Convex

question 57

Multiple Choice

If a production possibilities curve were bowed in or convex to the origin of a graph, it would demonstrate:

• A) increasing opportunity cost.
• B) decreasing opportunity cost.
• C) constant opportunity cost.
• D) fluctuating opportunity cost.

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Definitions:

Appalachian Mountains

A mountain range in eastern North America, extending from Canada to Alabama, known for its biodiversity and coal reserves.

Western Canada

A region of Canada that includes the provinces of British Columbia, Alberta, Saskatchewan, and Manitoba, known for its diverse landscapes and economies.

DDT

Dichloro-Diphenyl-Trichloroethane, a synthetic insecticide known for its environmental persistence and its role in the decline of certain wildlife populations before restrictions were placed on its use.

Second-Generation Pesticides

Pesticides developed to overcome resistance or environmental concerns associated with first-generation pesticides, often designed to be more targeted or biodegradable.