In the Specific Factors Model, a Country's Production Possibility Frontier

question 13

Multiple Choice

In the specific factors model, a country's production possibility frontier is ________ because of ________.

• A) a straight line; diminishing marginal returns
• B) a curved line; diminishing marginal returns
• C) a straight line; constant marginal returns
• D) a curved line; constant marginal returns
• E) a curved line; a limited supply of labor

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Definitions:

Behaviours

The actions or reactions of an individual or group in response to external or internal stimuli.

Attitudes

Prevailing tendencies or views held by individuals towards objects, people, or events often influencing their behaviors.

Blended Learning

The use of multiple training methods to achieve optimal learning on the part of trainees.

Classroom Sessions

Educational or training meetings conducted in a traditional classroom setting, often used for instruction, skill acquisition, or professional development.