Which Statement Is True

question 70

Multiple Choice

Which statement is true?

• A)We are usually inside our production possibilities curve.
• B)We are usually outside our production possibilities curve.
• C)We are usually on our production possibilities curve.
• D)None of the statements are true.

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Definitions:

Malthusian Theory

A theory proposed by Thomas Malthus suggesting that the potential for population growth exceeds the rate at which resources can be produced, leading to inevitable shortages and famine.

World Hunger

A severe and chronic lack of food that threatens life, health, and wellbeing, affecting millions of people worldwide.

Malthusian Theory

A principle suggesting that population growth will outpace agricultural production, leading to widespread poverty and famine.

Law of Diminishing Returns

An economic principle stating that adding more of one factor of production, while holding others constant, will at some point yield lower per-unit returns.