If a Nation Selects a Product Mix Focused on _____

question 337

Multiple Choice

If a nation selects a product mix focused on _____ goods, the production possibilities frontier will expand at a greater rate than if the nation produced mostly _____ goods.

• A) labor-intensive; capital-intensive
• B) consumption; capital
• C) labor-intensive; consumption
• D) capital; consumption

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Definitions:

Gene Transfer

The process by which genetic material is moved from one organism to another, occurring naturally or through genetic engineering techniques.

Reproduction

The process by which new individuals are produced. See asexual reproduction and sexual reproduction.

Continental Drift

The gradual movement of continents across the earth's surface over geological time, driven by plate tectonics.

Biological Species

A group of organisms capable of interbreeding and producing fertile offspring, sharing common characteristics.