What Is Shown by the Production Possibility Frontier Model

question 92

Multiple Choice

What is shown by the production possibility frontier model?

• A)That if consumers decide to buy more of a product, its price will increase.
• B)That a market economy is more efficient in producing goods and services than is a centrally planned economy.
• C)That economic growth can only be achieved by free market economies.
• D)That if all resources and current technology are fully and efficiently utilised, more of one good can be produced only by producing less of another good.

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Definitions:

Cognitive Changes

Alterations in cognitive function, which can include memory, perception, problem-solving, and language, typically due to aging, development, or neurological conditions.

Cardiovascular Disease

A disease marked by high blood pressure, high blood cholesterol, plaque buildup in the arteries, irregular heartbeat, and risk factor for heart attack and stroke.

Hearing Loss

A condition characterized by the partial or total inability to hear sounds in one or both ears.

Communication

The act of transferring information from one place, person, or group to another through speech, writing, or signals.