Which of the Following Statements Is NOT an Assumption Underlying

question 299

Multiple Choice

Which of the following statements is NOT an assumption underlying the production possibilities curve?

• A) Resources are fully and efficiently employed.
• B) Technology is fixed.
• C) Production occurs over some specified time period.
• D) The amount of resources available for production can be changed quickly.

---

Definitions:

Engineered Thinking

The application of systematic, logical approaches to problem-solving, often used in technical and engineering fields.

Volumetric Thinking

The ability to understand and manipulate three-dimensional space in the mind.

Creativity Tests

Assessments designed to measure an individual's potential to produce work that is both novel and useful.

Convergent Thinking

A cognitive process where the focus is on finding a single, correct solution to a problem, narrowing down the available options.