If Wheat Can Be Produced at a Constant Opportunity Cost

question 72

Multiple Choice

If wheat can be produced at a constant opportunity cost, then the supply of wheat is

• A) unit elastic.
• B) inelastic.
• C) perfectly inelastic.
• D) perfectly elastic.
• E) elastic.

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Definitions:

Memory Strategies

Techniques or methods used to enhance memory recall, such as visualization, mnemonic devices, or repetition.

Know Your Audience

The process of understanding the characteristics, expectations, and preferences of the target audience to effectively communicate or present information.

Freewrite

A writing strategy where a person writes continuously for a set period without worrying about spelling or grammar, to generate ideas.

Mind Map

A visual, holistic form of note taking that starts with the main idea placed in the center of a page and branches out with subtopics through associations and patterns.