A Point Inside a Production Possibilities Curve Indicates

question 308

Multiple Choice

A point inside a production possibilities curve indicates

• A) resources are not being used efficiently.
• B) resources are being used very efficiently.
• C) opportunity costs are constant.
• D) an output combination that is unobtainable with the current resource and technology levels

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Definitions:

CR

In classical conditioning, it stands for Conditioned Response, which is the learned reaction to a previously neutral stimulus.

Extinction

In behavioral psychology, the process through which a conditioned response decreases in frequency and eventually disappears.

Omission Training

A behavior modification technique that involves removing a positive stimulus to decrease a behavior's frequency.

Operant Conditioning

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