The Bowed Shape of the Production Possibilities Frontier Can Be

question 115

Multiple Choice

The bowed shape of the production possibilities frontier can be explained by the fact that

• A)all resources are scarce.
• B)economic growth is always occurring.
• C)the opportunity cost of one good in terms of the other depends on how much of each good the economy is producing.
• D)the only way to get more of one good is to get less of the other.

---

Definitions:

Two-Word Utterances

A stage in language development where children start using two-word phrases to communicate more complex ideas, typically occurring around the age of 2.

Ambiguity

The quality of being open to more than one interpretation; inexactness or uncertainty in meaning.

Contextual Cues

Environmental or situational indicators that help to interpret behaviors, events, or concepts within a specific context.

Narratives Interpretation

involves the analysis and understanding of the underlying meanings and implications of stories or accounts of events.