A 'Production Possibility Frontier' with a Bowed Outward Shape Indicates

question 17

Multiple Choice

A 'production possibility frontier' with a bowed outward shape indicates:

• A)the possibility of inefficient production.
• B)constant opportunity costs as more and more of one good is produced.
• C)increasing opportunity costs as more and more of one good is produced.
• D)decreasing opportunity costs as more and more of one good is produced.

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Definitions:

Gastrin

Hormone secreted in the mucosa of the stomach and duodenum that stimulates the secretion of hydrochloric acid by the parietal cells of the gastric glands.

Gastric Secretion

The process of producing and releasing fluids containing hydrochloric acid and digestive enzymes by the stomach lining.

Chyme

The fluid mixture of partially digested food and digestive secretions that is formed in the stomach and intestine during digestion.

Gastric Juices

A mixture of mucus, hydrochloric acid, and digestive enzymes produced by the stomach lining to aid in the digestion of food.