Mikhail and Stefan Are Both Artists Who Can Create Sculptures

question 79

Multiple Choice

Mikhail and Stefan are both artists who can create sculptures or paintings each day.The following table describes their maximum outputs per day.Use this table to answer the following questions.

-What is Mikhail's opportunity cost of a sculpture?

• A) 2 paintings
• B) 1/2 painting
• C) 3 paintings
• D) 1/3 sculpture
• E) 1/2 sculpture

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Definitions:

POSSLQ

An acronym for "Persons of Opposite Sex Sharing Living Quarters," used in demographic studies to refer to cohabiting couples who are not legally married.

Cohabitation

The state of living together and having a sexual relationship without being married.

Opposite Sex

A term typically used to describe individuals of the gender different from one's own, often in biological or social contexts.

Serial Monogamy

A pattern of engaging in successive monogamous romantic relationships, where an individual has only one partner at a time but multiple partners over their lifetime.