Why Are Production Possibilities Frontiers Usually Bowed Outward

question 77

Multiple Choice

Why are production possibilities frontiers usually bowed outward?

• A) constant opportunity cost
• B) increasing opportunity cost
• C) decreasing opportunity cost
• D) increasing productivity

---

Definitions:

Early Childhood

A period in a human's life ranging from birth to 8 years old, a critical stage for development and learning.

Memory

The mental capability to store, retain, and recall information from past experiences.

Early Childhood

Early childhood refers to the developmental period ranging from birth to approximately 8 years old, characterized by rapid physical, cognitive, and emotional growth.

Cognitive Development

The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding.