If a Production Possibilities Frontier Is Bowed Out (Concave to the Origin),then

question 24

Multiple Choice

If a production possibilities frontier is bowed out (concave to the origin) ,then production occurs under conditions of

• A) constant opportunity costs.
• B) increasing opportunity costs.
• C) decreasing opportunity costs.
• D) infinite opportunity costs.
• E) uncertain opportunity costs.

---

Definitions:

Less Able

A term often used to describe individuals or groups who may not have the same level of skill, capacity, or ability as others, highlighting the need for support or adaptation.

Internal Locus

The belief that one's actions and behaviors are guided by personal decisions and efforts rather than external factors.

Mindfulness Meditation

A practice of focusing one’s attention on the present moment, while calmly acknowledging and accepting one's feelings, thoughts, and bodily sensations.

Type A Personality

A personality type characterized by high levels of competitiveness, self-drive, impatience, and a strong sense of urgency.