Answer the Question on the Basis of the Data Given $\quad$

question 185

Multiple Choice

Answer the question on the basis of the data given in the following production possibilities table: $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\underline{\text { Production Possibilities (Alternatives) }}$
$\begin{array}{ccccccc}&\underline{A}&\underline{B}&\underline{C}& \underline{D} &\underline{E}&\underline{F} \\ \text { Capital Goods } &5&4&3&2&1&0\\\text { onsumer Goods } & 0 & 5 & 9 & 12 & 14 & 15 \end{array}$ Refer to the table.For these data,the law of increasing opportunity costs is reflected in the fact that:

• A) the amount of consumer goods that must be sacrificed to get more capital goods diminishes beyond a point.
• B) larger and larger amounts of capital goods must be sacrificed to get additional units of consumer goods.
• C) the production possibilities data would graph as a straight downsloping line.
• D) the economy's resources are presumed to be scarce.

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Definitions:

Accommodation

In cognitive development, the process of altering one's existing schemas or ideas as a result of new information or experiences.

Schema

A cognitive framework or concept that helps organize and interpret information, forming the basis of understanding experiences.

Secondary Circular Reactions

Secondary circular reactions are a developmental phase in infants, occurring around 4-8 months, characterized by the repetition of actions that produce effects outside the body, showing an early awareness of cause and effect.

Sensorimotor

The first stage in Piaget's theory of cognitive development, where infants learn through interacting with the environment, from birth to about 2 years of age.