Use the Following to Answer Question

question 58

Multiple Choice

Use the following to answer question:
-(Table: The Production Possibilities for Tractors and Crude Oil) Use Table: The Production Possibilities for Tractors and Crude Oil.In the United States,the opportunity cost of producing 30,000 barrels of crude oil is _____ tractors.

• A)60
• B)80
• C)100
• D)120

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Definitions:

Progressive

Relating to or advocating for progress, change, or improvement, as opposed to wishing to maintain the status quo.

Proportional

Corresponding in size or amount to something else; having a constant relation in degree or number.

Bimodal

Characterized by or having two distinct modes or peaks in a distribution or set of data.

Taxable Income

The amount of an individual's or a corporation's income that is subject to taxation by government authorities.