-Suppose the Production Possibilities for Two Countries,producing Either Food or Clothing,are

question 74

Multiple Choice

-Suppose the production possibilities for two countries,producing either food or clothing,are shown in the above figure.They can each produce any linear combination as well.Measuring food on the horizontal axis,the joint production possibility frontier will have a slope of -1

• A) only when 20-30 units of food are produced.
• B) only when 10-20 units of food are produced.
• C) only when 10-20 units of clothing are produced.
• D) throughout the entire PPF.

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Definitions:

Oblige

To compel someone to do something by moral, legal, or social pressure; an act of providing a service or favor out of duty.

Concern For Self

The consideration and care for one's own interests, well-being, or safety.

Obliging

A conflict management style characterized by attempting to minimize differences and emphasizing commonalities to satisfy the concerns of the other party.

Conflict Style

A person's typical approach to handling disagreements, ranging from avoidant to collaborative strategies.