A Certain Production Possibilities Frontier Shows Production Possibilities for Two

question 38

Multiple Choice

A certain production possibilities frontier shows production possibilities for two goods,jewelry and clothing.Which of the following concepts cannot be illustrated by this model?

• A)the flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing
• B)the tradeoff between production of jewelry and production of clothing
• C)the opportunity cost of clothing in terms of jewelry
• D)the effect of economic growth on production possibilities involving jewelry and clothing

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Definitions:

Persuasion

The act of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or appeal to emotion.

Positive Attitudes

A mental state involving positive feelings or beliefs about a person, object, or situation.

Slogans

Short, memorable phrases designed to encapsulate and promote the ideals, goals, or products of an entity.

Recency Effect

An effect that occurs when recently encountered information primarily influences attitudes (e.g., a commercial viewed just before shopping influences a shopper’s choices).