If the Production Possibilities Curve Is a Straight Line, Then

question 145

Multiple Choice

If the production possibilities curve is a straight line, then:

• A) The opportunity cost of producing one good is zero
• B) The law of increasing opportunity costs does not apply
• C) The society can produce more of both goods simultaneously
• D) The society is capable of producing only one of the goods and not the other

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Definitions:

Professor

An academic title for a senior teacher or lecturer, typically in a college or university, who is often involved in advanced research.

Chaining

A behavioral technique where sequences of behaviors are broken down into their individual components and taught one at a time.

Operant Conditioning

A behavioral adjustment technique in which the severity of an action is modified by using reinforcements or penalties.

Favorable Stimulus

Any external cue or event that elicits a positive reaction, often reinforcing a behavior or creating a pleasant experience.