One Way to Explain the Convexity of Isoquants Is to Say

question 118

Multiple Choice

One way to explain the convexity of isoquants is to say that

• A) as labor increases and capital decreases, rises while falls.
• B) as labor increases and capital decreases, falls while rises.
• C) as labor increases and capital decreases, and both fall.
• D) as labor increases and capital decreases, and both rise.

---

Definitions:

Hostile Attribution Bias

The tendency to interpret others' behaviors as having hostile intent, even when the behavior is ambiguous or benign.

Disagreeable

Refers to a personality trait characterized by a tendency to be unfriendly, uncooperative, and hostile towards others.

Personality Traits

Describes the consistent patterns of thoughts, emotions, and behaviors that distinguish individuals from one another.

Big Five

The Big Five personality traits are a widely endorsed model that consists of openness, conscientiousness, extraversion, agreeableness, and neuroticism.