Author Question: On a production possibilities frontier showing possible output levels of good A and good B, the ... (Read 60 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
On a production possibilities frontier showing possible output levels of good A and good B, the opportunity cost of producing the first 10 units of A will usually be
 a. the same as the opportunity cost of producing the second 10 units of A
  b. less than the opportunity cost of producing the second 10 units of A
  c. greater than the opportunity cost of making the second 10 units of A
  d. 10 units of A
  e. 10 units of B

Question 2

Because resources are not perfectly adaptable to the production of both good A and good B,
 a. the opportunity cost of A increases as production of A increases
  b. the opportunity cost of A decreases as production of A increases
  c. it is impossible for the economy to produce both A and B
  d. the opportunity cost of A is constant
  e. the opportunity cost of B is constant



dlook33

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

For a complete list of videos, visit our video library