When There Are Diminishing Marginal Returns to Factors of Production

question 51

Multiple Choice

When there are diminishing marginal returns to factors of production, the PPF is:

• A) a negatively sloped straight line.
• B) bowed out from the origin.
• C) caved in toward the origin.
• D) a positively sloped straight line.

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Definitions:

Facility Staff

Employees responsible for the operation and management of a building or complex, such as a hospital, prison, or school.

Unnecessary

Something not needed or deemed superfluous in a given context or situation.

Wanton Pain

The infliction of severe discomfort or pain on someone intentionally and without regard for their well-being.

Suffering

The experience of physical, emotional, or psychological pain and distress, often as a result of adverse circumstances or conditions.