The Shape of the Production Possibilities Curve in the Above

question 216

Multiple Choice

The shape of the production possibilities curve in the above figure indicates that

• A) production of corn is characterized by increasing costs while the production of cloth is characterized by decreasing costs.
• B) production of both corn and cloth is characterized by increasing costs.
• C) production of both corn and cloth is characterized by constant costs.
• D) production of corn is characterized by constant costs and the production of cloth is characterized by increasing costs.

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Definitions:

Learned Irrelevance

The presentation of a stimulus without an unconditioned stimulus (UCS) leads to the recognition that the stimulus is irrelevant, stops attention to that stimulus, and impairs conditioning when the stimulus is later paired with the UCS.

Conditioned Stimulus

A previously neutral stimulus that, after being repeatedly paired with an unconditioned stimulus, starts to trigger a conditioned response similar to the response to the unconditioned stimulus.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without the need for prior learning.

Wagner

A reference to theories postulated by Robert A. Rescorla and Allan R. Wagner on conditioning processes, focusing on the associative strength between stimuli and responses.