The Slope of the Production Possibilities Curve Must Be

question 87

Multiple Choice

The slope of the production possibilities curve must be:

• A) positive.
• B) decreasing.
• C) increasing.
• D) negative.

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Definitions:

Crystallized Intelligence

The power to use educational insights and past occurrences constructively.

Fluid Intelligence

The ability to think logically and solve problems in novel situations, independent of acquired knowledge.

Encoding Information

The process of converting information into a form that allows it to be stored in our memory.

Inferences

The cognitive process of deriving logical conclusions from premises known or assumed to be true.