A Movement from One Point on a Production Possibilities Frontier

question 63

Multiple Choice

A movement from one point on a production possibilities frontier to another represents

• A)a tradeoff.
• B)an advance in technology.
• C)a free lunch.
• D)full employment of labour but not capital.
• E)unemployment.

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Definitions:

Shahzia Sikander

A contemporary artist known for her work in miniature painting, a traditional South Asian art form, which she has redefined and brought into dialogue with contemporary practices.

Tilted Arc

A controversial public art installation by Richard Serra, installed in New York City in 1981 and removed in 1989, known for its large curved steel form.

Jacob K. Javits Federal Building

A federal office building located in New York City, named after U.S. Senator Jacob K. Javits and known for its modernist architecture.

Richard Serra

A contemporary American artist known for his large-scale, site-specific sculptures made from industrial materials, particularly steel.