Which One of the Following Concepts Is Not Illustrated by a Production

question 149

Multiple Choice

Which one of the following concepts is not illustrated by a production possibilities frontier?

• A)scarcity
• B)monetary exchange
• C)opportunity cost
• D)attainable and unattainable points
• E)the tradeoff between producing one good versus another

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Definitions:

Characteristic Patterns

Describes the recurring behaviors, thoughts, or emotions that are typical for an individual or within a specific context.

Personality

The unique and consistent pattern of thoughts, feelings, and behaviors that distinguish one individual from another.

Feeling

An emotional state or reaction; the subjective experience of emotion.

Preconscious

The thoughts, feelings, and memories that a person is not consciously aware of at the moment but that may be easily brought to consciousness.