Production Indifference Curves Bow Inward Toward the Graph's Origin Because

question 114

Multiple Choice

Production indifference curves bow inward toward the graph's origin because of

• A)the law of diminishing returns to a single input.
• B)the law of diminishing marginal returns to scale.
• C)constant returns to scale.
• D)minimizing costs in the short run.

---

Definitions:

Water Molecule

A chemical entity consisting of one oxygen and two hydrogen atoms, connected by covalent bonds, essential for most forms of life.

Electronegativity

A measure of an atom's ability to attract and hold electrons within a chemical bond.

Cations

Positively charged atoms.

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of an atom and involved in chemical bonding and electricity.