Which One of the Following Statements Is Correct

question 105

Multiple Choice

Which one of the following statements is correct?

• A)Relative scarcity is no longer a central notion in economics because we are in an age of abundance.
• B)Most production possibilities curves are convex as viewed from the origin.
• C)The production possibilities curve shows society's preferences for consumer goods relative to capital goods.
• D)The central concept underlying the production possibilities curve is that of limited resources.

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Definitions:

Health Promotion Model

A theoretical framework aiming at explaining and promoting health behaviors by focusing on the influences of individual beliefs and interactions with the social and environmental contexts.

Self-Actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone, the highest level of psychological development.

Triggered

The act of causing an emotional or psychological reaction, often due to past trauma or a specific stimulus.

Smoking Again

The act of resuming smoking tobacco after a period of cessation, often highlighting the challenges of addiction and the need for ongoing support in quitting.