Which of the Following Is a Correct Statement About Production

question 106

Multiple Choice

Which of the following is a correct statement about production possibilities frontiers?

• A)An economy can produce only on the production possibilities frontier.
• B)An economy can produce at any point inside or outside a production possibilities frontier.
• C)An economy can produce at any point on or inside the production possibilities frontier,but not outside the frontier.
• D)An economy can produce at any point inside the production possibilities frontier,but not on or outside the frontier.

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Definitions:

Cannon-Bard Theory

The theory that an emotion-arousing stimulus simultaneously triggers (1) physiological responses and (2) the subjective experience of emotion.

Physiological Arousal

A state of physical alertness and activation that is often a response to a stimulus or emotional state.

William James

A pioneering American psychologist and philosopher known for his contributions to pragmatism and functionalism and as the father of American psychology.

Physiological Arousal

Physical states of alertness or excitement, often associated with increased heart rate, respiration, and energy, in response to stimuli.