When a Production Possibilities Frontier Is Bowed Outward,the Opportunity Cost

question 168

Multiple Choice

When a production possibilities frontier is bowed outward,the opportunity cost of producing an additional unit of a good

• A)increases as more of the good is produced.
• B)decreases as more of the good is produced.
• C)does not change as more of the good is produced.
• D)may increase,decrease,or not change as more of the good is produced.

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Definitions:

Phenotype

The observable physical or biochemical characteristics of an organism, as determined by both genetic makeup and environmental influences.

Genetic Potential

The maximum physical or intellectual growth and development that a person can achieve, based on their genetic composition.

Additive Genes

Genetic models where the effects of individual genes add up to influence a trait, without dominance between alleles.

Dominant Genes

Genes that express their traits in the phenotype, regardless of the presence of their recessive counterparts in an organism's genotype.