Generally, Opportunity Costs Increase and the Production Possibilities Frontier Bows

question 42

Multiple Choice

Generally, opportunity costs increase and the production possibilities frontier bows outward. Why?

• A) Unemployment is inevitable.
• B) Resources are not equally useful in all activities.
• C) Technology is slow to change.
• D) Labor is scarcer than capital.

---

Definitions:

Resistance to Change

Opposition or reluctance to adapt to new practices, processes, or conditions within an organization or personal context.

Facilitation

The act of making a process or action easier or more achievable, often used in the context of leading or managing groups.

Agreement Approach

The Agreement Approach is a method used in negotiations where both parties work collaboratively to find a mutually acceptable solution.

Performance Pressures

The stress or demand placed on individuals or organizations to operate at an optimal level or achieve certain benchmarks.