Any Output Combination Along a Production Possibility Frontier Is Associated

question 62

True/False

Any output combination along a production possibility frontier is associated with fully utilised resources.

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Definitions:

Substantial Quantity

A considerably large amount or volume of something.

Social Conscious

An awareness of the problems and injustices within society and the motivation to take action to address them.

Respondent Conditioning

A learning process in which a biologically potent stimulus becomes associated with a previously neutral stimulus.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.