This topic contains a solution. Click here to go to the answer

Author Question: The table above lists six points on the production possibilities frontier for grain and cars. What ... (Read 108 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
The table above lists six points on the production possibilities frontier for grain and cars. What is the opportunity cost of producing the 26th car?
 
  A) 2 tons of grain per car
  B) 4 tons of grain per car
  C) 0.25 tons of grain per car
  D) 0.5 tons of grain per car

Question 2

The following data show Uruguay's GDP using purchasing power parity in billions of dollars.
 
  Year 2000 2001 2002 2003 2004 2005 2006 2007 2008
  GDP() 26.1 25.8 23.3 24.3 27.9 30.1 33.9 37.2 40.2
 
  Using the data, we can conclude that
  A) Uruguay's economy reached a peak in 2000.
  B) GDP per person in Uruguay almost doubled between 2000 and 2008.
  C) potential GDP in Uruguay doubled between 2000 and 2008.
  D) Uruguay's economy was entered a recession in 2008.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kedrick2014

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

D

Answer to Question 2

A




ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 29, 2018
Excellent


essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

For a complete list of videos, visit our video library