In Equilibrium, with Diminishing Marginal Products, the Slope of the PPF

question 27

Multiple Choice

In equilibrium, with diminishing marginal products, the slope of the PPF is equal to:

• A) the ratio of prices for the products.
• B) the marginal product of labor.
• C) the marginal product of capital.
• D) the ratio of prices to the marginal product of labor.

---

Definitions:

Data Collection Method

Techniques or procedures used to gather information or data for analysis in research, studies, or evaluations.

Kirkpatrick's Hierarchical Evaluation Model

A framework that assesses training programs through four levels: reaction, learning, behavior, and results, to measure their effectiveness.

Validity

The quality of being logically or factually sound; in research, it refers to the extent to which a concept, conclusion, or measurement is well-founded and corresponds accurately to the real world.

Bell Canada

A leading telecommunications company in Canada offering a variety of services including telephone, internet, and television.