The Production Possibilities Frontier Model Assumes All of the Following

question 250

Multiple Choice

The production possibilities frontier model assumes all of the following except

• A)labor,capital,land and natural resources are fixed in quantity.
• B)the economy produces only two products.
• C)any level of the two products that the economy produces is currently possible.
• D)the level of technology is fixed and unchanging.

---

Definitions:

Corpus Luteum

The tissue formed from a ruptured ovarian follicle that produces important hormones after the oocyte emerges.

Glycogen

A form of glucose storage in the body, primarily found in the liver and muscles.

Smegma

A whitish substance that can accumulate under the foreskin in males and in the female genital area, consisting of dead skin cells and other secretions.

Urethral Meatus

The external opening of the urethra, through which urine is expelled from the body.