This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: shows the production possibilities boundary for an economy that produces two goods-cotton ... (Read 84 times)

awgagawg

  • Full Member
  • ***
  • Posts: 144
on: Oct 12, 2022

Figure 1-7 shows the production possibilities boundary for an economy that produces two goods-cotton and bananas.



FIGURE 1-7

Refer to Figure 1-7. A production possibilities boundary is shown for an economy that produces two goods-cotton and bananas, both measured in tonnes produced per year. Suppose the economy is currently producing at point A. What is the opportunity cost to this economy of increasing the production of bananas by 100 tonnes?


◦ There is no opportunity cost.
◦ 60 tonnes of cotton
◦ 1500 tonnes of bananas
◦ 1440 tonnes of bananas
◦ 100 tonnes of cotton
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by awgagawg on Oct 12, 2022

delmiss

  • Full Member
  • ***
  • Posts: 152
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 34% of students answer this correctly


awgagawg

  • Member
  • Posts: 144
Reply 2 on: Oct 12, 2022
Excellent

Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

A plot of trophic diversity across the major groups of organisms shows highest trophic diversity amo A plot of trophic diversity across the major groups of organisms shows highest trophic diversity amo
Mononucleosis is caused by the Epstein–Barr virus. Symptoms of the infectious disease are swollen pa Mononucleosis is caused by the Epstein–Barr virus. Symptoms of the infectious disease are swollen pa
Electron microscopy of mRNA-template DNA hybrids shows that introns are spliced Electron microscopy of mRNA-template DNA hybrids shows that introns are spliced
This frame from a home video shows Eric Harris (on the left) and Dylan Klebold (on the right) as ... This frame from a home video shows Eric Harris (on the left) and Dylan Klebold (on the right) as ...
Japan’s Economy and Society Japan’s Economy and Society
World Crude Oil Production, 1900–2010 World Crude Oil Production, 1900–2010
Video: Cavernous Sinus Larynx Middle Ear Orbit: Granulesm Animation

For a complete list of videos, visit our video library