A Production Possibilities Curve That Is Linear (A Straight Line)

question 71

Multiple Choice

A production possibilities curve that is linear (a straight line) :

• A)​illustrates a tradeoff in which opportunity cost of a good increases with the level of its production.
• B)​illustrates a tradeoff in which the opportunity cost of a good decreases with the level of its production.
• C)​illustrates a tradeoff in which the opportunity cost of a good is constant at all levels of production.
• D)​demonstrates the fallacy of composition.

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Definitions:

Intolerance

A lack of acceptance or respect for differing views, beliefs, or behaviors.

Persecution

The act of harassing or oppressing someone, especially because of their race, religion, gender, or political beliefs.

Eighteenth Century

The period from 1701 to 1800, marked by significant developments in arts, science, and politics, including the Enlightenment and the American Revolutionary War.

Social Contract

A theory in political philosophy suggesting that the moral and political obligations of individuals are dependent upon a contract among them to form the society in which they live.