Figure 3-2 -In Figure 3-2, the Production Possibilities Frontier Has a Bowed-Out

question 97

Multiple Choice

Figure 3-2
-In Figure 3-2, the production possibilities frontier has a bowed-out shape because of the law of

• A)decreasing costs.
• B)increasing costs.
• C)demand.
• D)comparative advantage.

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Definitions:

Neoteny

Process in which juvenile stages of predecessors become adult features of descendants; idea derived from the observation that more recently evolved species resemble the young of their common ancestors.

Brain Cells

Cells located in the brain, including neurons and glial cells, responsible for processing information and supporting brain function.

Genetic Diversity

The total number of genetic characteristics in the genetic makeup of a species, contributing to variations among individuals and populations.

Neoteny

The retention of juvenile features in the adult animal, a phenomenon observed in some species which results in adult individuals retaining traits typically only seen in juveniles.