Which of the Following Is an Assumption Used When Drawing

question 218

Multiple Choice

Which of the following is an assumption used when drawing a production possibilities frontier?
i.Human wants and desires are limited to what is available.
ii.Only two goods are considered.
iii.The level of technology is fixed and unchanging.

• A) i only
• B) ii only
• C) i and iii
• D) ii and iii
• E) i, ii, and iii

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Definitions:

Cognitive Ability

The capacity to perform various mental activities related to learning, problem-solving, decision-making, and comprehension.

Field-Independent Style

A cognitive style where individuals tend to be more analytical and less influenced by the surrounding context in their perception and actions.

Effect Size

A quantitative measure of the magnitude of a phenomenon, typically used in statistical research to determine the strength of a particular effect.

Mental Rotation Tests

Assessments designed to measure an individual's capability to mentally manipulate two-dimensional and three-dimensional figures, a rephrased understanding of mental rotation tasks.