The Below Figure Shows the Various Combinations of the Goods

question 58

Multiple Choice

The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3

-When more and more units of a variable factor are combined with constant amount of a fixed factor, such that the variable factor becomes abundant compared to the fixed factor, the output will eventually:

• A)increase at an increasing rate.
• B)increase at a diminishing rate.
• C)increase at a constant rate.
• D)become constant.
• E)fall to zero.

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Definitions:

Oppositional

Characterized by resistance or dissent; standing in opposition against something.

Justice

The concept of fairness and the administration of the law to ensure fair treatment and due punishment for wrongdoings.

Social Role

The part individuals play as members of a social group, with each role having its own set of behaviors, attitudes, and expectations.

Emphasizes Caring

Highlights the importance of nurturing and support as essential components in relationships or ethical frameworks.