If the Opportunity Cost of Producing Extra Units of One

question 168

Multiple Choice

If the opportunity cost of producing extra units of one good (expressed in terms of the amount of another good given up) remains constant, then the shape of the production possibilities curve is:

• A) A straight horizontal line
• B) A straight downward-sloping line
• C) An upward-sloping line
• D) A vertical line

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Definitions:

Unconscious Forces

Internal psychological processes and drives not within the conscious awareness that influence thoughts and behaviors.

Self-Identity Stage

A phase in development where individuals explore and solidify their sense of self and personal identity.

Extension-of-Self

The concept of external objects being perceived as part of one's identity or self.

Self-Esteem

The degree to which an individual values themselves, which can influence their motivation, behavior, and emotional wellbeing.