Production Possibilities Frontiers Are Usually Bowed Outward

question 217

Multiple Choice

Production possibilities frontiers are usually bowed outward.This is because

• A)the more resources a society uses to produce one good,the fewer resources it has available to produce another good.
• B)the opportunity cost of producing a good decreases as more and more of that good is produced.
• C)of the effects of technological change.
• D)resources are specialized;that is,some are better at producing particular goods rather than other goods.

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Definitions:

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all living organisms and many viruses.

Eugenics

Eugenics is a controversial historical movement and set of beliefs aimed at improving the genetic quality of the human population through selective breeding and other methods.

Social Darwinism

A theory that applies the concept of "survival of the fittest" from evolutionary biology to societies, justifying inequalities and promoting competition.

Evolutionary Theory

A scientific explanation for the diversity of life on Earth, proposing that species change over time through processes like natural selection and genetic mutation.