When a Nation Has Increasing Returns to Scale,the Shape of Its

question 10

Multiple Choice

When a nation has increasing returns to scale,the shape of its production possibility frontier is

• A) linear
• B) concave to the origin
• C) convex to the origin
• D) discontinuous

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Definitions:

Challenges

Refers to difficulties or obstacles that need to be overcome.

Other Countries

Refers to nations beyond one's own, emphasizing differences in culture, legal systems, economic conditions, and governmental structures.

Expatriates

Individuals who live and work outside their native country, usually for a business or professional reason.

Foreign Assignment

A work task or role assigned to an employee that involves working in a country other than their own.