In Terms of the Production Possibilities Diagram, the Principle of Increasing

question 81

Multiple Choice

In terms of the production possibilities diagram, the principle of increasing cost simply asserts that the frontier is

• A)downward sloping.
• B)upward sloping.
• C)bowed inward.
• D)bowed outward.
• E)undefined, because no market will exist in this case.

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Definitions:

Aerobic Training

A form of exercise that aims to improve efficiency of the cardiovascular system in absorbing and transporting oxygen.

Resistance Training

A form of physical exercise that involves the use of resistance to induce muscular contraction, which builds the strength, anaerobic endurance, and size of skeletal muscles.

Social Factors

Elements within society, such as family, education, income, and culture, that influence an individual's life choices and opportunities.

Cultural Factors

Elements of a society's traditions, beliefs, and practices that influence the behavior and attitudes of its members.