The Reason That the Production Possibilities Curve Is Usually a Bow-Shaped

question 73

Multiple Choice

The reason that the production possibilities curve is usually a bow-shaped curve instead of a straight line is that

• A) it makes it easier to illustrate the concepts of scarcity and prices with a bow-shaped curve than it is with a straight line
• B) early economists began drawing them in this way and the convention has continued throughout the years
• C) output eventually reaches a maximum and then declines
• D) resources are not perfectly adaptable to the production of all goods

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Definitions:

Smooth Muscle

A type of muscle found in the walls of hollow organs (such as intestines and blood vessels), controlled involuntarily and responsible for various automatic body functions.

Alveolar Walls

Thin structures within the lungs where gas exchange occurs between the air in the alveoli and the blood in the capillaries.

Bronchi Inflammation

The swelling and irritation of the bronchi, the major airways to the lungs, often resulting from infection or chronic conditions like asthma.

Fibrous Connective Tissue

A type of connective tissue rich in collagen fibers that provides support and strength to various structures of the body such as tendons and ligaments.