If an Economy Has to Sacrifice Increasing Amounts of Good

question 139

Multiple Choice

If an economy has to sacrifice increasing amounts of good X for each additional unit of good Y produced, then its production possibilities curve is:

• A) bowed out from the origin.
• B) bowed in toward the origin.
• C) a straight line.
• D) a vertical line.

---

Definitions:

Aesthetic Aspect

The branch of philosophy concerned with the nature and appreciation of art, beauty, and good taste.

Pluralism

A situation or framework where multiple states, groups, principles, or sources of power exist together.

Structural Integration

A strategy or process aimed at organizing the components of an organization or system to make it more coherent and functional.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by feelings of dislike for other groups or cultures.