If a Linear, Two-Good Production Possibilities Curve Has a Slope

question 140

Multiple Choice

If a linear, two-good production possibilities curve has a slope of ‒2, then:

• A)having an additional unit of the good measured on the vertical axis means giving up 2 units of the good measured on the horizontal axis.
• B)having an additional unit of the good measured on the vertical axis means giving up ½ of a unit of the good measured on the horizontal axis.
• C)you have an absolute advantage in the good measured on the vertical axis.
• D)you have a comparative advantage in the good measured on the vertical axis.

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Definitions:

Differential Reinforcement

A technique in behavior therapy focusing on reinforcing desired behaviors while withholding reinforcement for undesired behaviors.

Target Behavior

A specific behavior selected for change or intervention, often identified in behavioral assessments.

Stimulus

An event, item, or occurrence that provokes or elicits a specific functional reaction in an organism.

Interresponse Time

The amount of time that elapses between two consecutive behaviors or responses.