If the Opportunity Cost of Producing Either of Two Goods

question 142

Multiple Choice

If the opportunity cost of producing either of two goods in question is constant,the production possibility frontier is:

• A)linear.
• B)concave to the origin.
• C)convex to the origin.
• D)upward-sloping.

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Definitions:

South America

A continent located in the Western Hemisphere, mostly in the Southern Hemisphere, with a diversity of climates, cultures, and wildlife.

Chavín de Huántar

An archaeological site in Peru, representing a major center of the Chavín culture, known for its monumental architecture and stone sculptures.

Mother Culture

A concept in anthropology referring to a culture that influences and gives rise to other cultures through diffusion or conquest.

Olmecs

An ancient Mesoamerican civilization known for its significant achievements in art and architecture, particularly colossal head sculptures.