A Production Possibilities Curve Will Be Concave as Opposed to Straight

question 20

Multiple Choice

A production possibilities curve will be concave as opposed to straight line if

• A)​the law of increasing opportunity costs applies.
• B)​some resources cannot be easily adapted to different tasks.
• C)​the opportunity cost of the production of a good increases as more of it is produced.
• D)​all of the above

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Definitions:

Ambiguity

The quality of being open to more than one interpretation; lack of definiteness or certainty in meaning.

Nonconformity

The action or practice of not following prevailing norms, rules, or practices, often to assert individuality or promote change.

Frustration-Aggression

A theory suggesting that the occurrence of aggressive behavior is due to frustration when an individual's goal is blocked.

Interpersonal Conflict

Interpersonal conflict occurs when two or more individuals have differing views, interests, or goals that clash, leading to discord or disagreement.