If Good "A" Is Represented on the Horizontal Axis and Good

question 9

Multiple Choice

If good "A" is represented on the horizontal axis and good "B" on the vertical axis, then the steeper the production possibilities frontier at a given level of production of good "A," the

• A)larger the opportunity cost of producing an extra unit of good "A."
• B)larger the quantity of resources being devoted to the production of good "B."
• C)smaller the quantity of resources being devoted to the production of good "A."
• D)smaller the opportunity cost of producing an extra unit of good "A."
• E)greater the returns to scale in the production of good "A."

---

Definitions:

Division of Labor

The allocation of different tasks or jobs to different people or groups, often based on factors such as skill, gender, or age, reflecting both economic efficiency and social norms.

Cohabiting Couples

Couples who live together in a long-term relationship without being legally married.

Psychological Well-being

Refers to an individual's overall emotional health and happiness, including aspects such as self-acceptance, personal growth, purpose in life, and quality of relationships.

Marriage

A recognized union under law and society between people that creates duties and privileges among them and their relatives.