For What Reason Are Production Possibilities Frontiers Usually Bowed Outward

question 75

Multiple Choice

For what reason are production possibilities frontiers usually bowed outward?

• A)The more resources a society uses to produce one good, the fewer resources it has available to produce another good.
• B)It reflects the fact that the opportunity cost of producing a good falls as one produces more and more of it.
• C)It is because of the effects of technological change.
• D)Resources are specialized, that is, some are better at producing particular goods rather than other goods.

---

Definitions:

Illegal Immigrants

Individuals who enter or reside in a country without proper authorization from the government, often seeking employment or refuge.

Welfare

Governmental support intended to ensure the basic physical and material well-being of people in need.

AIDS Epidemic

A global public health crisis caused by the spread of the Human Immunodeficiency Virus (HIV) leading to Acquired Immune Deficiency Syndrome (AIDS), characterized by widespread illness and mortality since the early 1980s.

Gay Americans

Individuals in the United States who identify as gay and are part of the LGBTQ+ community, advocating for rights, recognition, and acceptance in society.