If the Production Possibility Frontier Is ________, Then Opportunity Costs

question 189

Multiple Choice

If the production possibility frontier is ________, then opportunity costs are constant as more of one good is produced.

• A)bowed out
• B)bowed in
• C)non-linear
• D)linear

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Definitions:

Nitrogen Gas

An inert diatomic gas that constitutes about 78% of the Earth's atmosphere, used in a variety of industrial and scientific applications.

Water Supply

The provision or availability of water for various uses, including drinking, irrigation, and industrial needs, through natural or artificial means.

Mineral Supply

The availability of inorganic substances necessary for various life processes and industrial applications, often extracted from the Earth's crust.

Humus

Organic component of soil formed by the decomposition of leaves and other plant material, rich in nutrients.