The Fact That a Country's Production Possibilities Curve Bows Outward

question 71

Multiple Choice

The fact that a country's production possibilities curve bows outward tells us that

• A)opportunity costs are fixed as the production of a good increases.
• B)opportunity costs decrease as the production of a good increases.
• C)resources are of uniform quality.
• D)opportunity costs increase as the production of a good increases.

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Definitions:

Lacrimal

Pertaining to tears or the glands that produce tears.

Maxillary

Pertaining to the jaw or jawbone, specifically the upper jaw represented by the maxilla bone.

Nasal Conchae

Scroll-like, bony structures located within the nasal cavity that help to increase the surface area for air filtration, humidification, and temperature control.

Ethmoid

A spongy, cuboid-shaped bone at the base of the skull, critical in the formation of the nasal cavity, orbits, and the floor of the anterior cranial fossa.