Some Research Finds That Thinking Becomes More Reflective and Expansive

question 44

Multiple Choice

Some research finds that thinking becomes more reflective and expansive _____.

• A) with each year of college
• B) when students graduate from college
• C) one year after the completion of college
• D) five years after the completion of college

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Definitions:

Opportunity Cost

Missing potential benefits that could have been gained from unchosen options when deciding on one.

Production Possibilities

A graphical representation that shows the maximum combination of goods or services that can be produced with a fixed amount of resources.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs representing resource allocation.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs, representing the trade-offs of allocating resources between the production of those goods.