The Diagram Below Shows Two Production Possibilities Boundaries for Country

question 123

Multiple Choice

The diagram below shows two production possibilities boundaries for Country X. FIGURE 1-4 Refer to Figure 1-4.At point B,

• A)the price of capital goods is higher than the price of consumer goods.
• B)Country X is producing too many consumer goods and too few capital goods.
• C)the price of consumer goods is equal to the price of capital goods.
• D)the opportunity cost of producing an extra unit of capital goods is higher than at point A.
• E)the opportunity cost of producing an extra unit of consumer goods is higher than at point A.

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Definitions:

Cytosol

The liquid found inside cells, excluding organelles and other structures, in which cellular components are suspended.

Expressed Genetic Traits

Observable characteristics or phenotypes of an organism that result from the interaction of its genetic makeup with the environment.

Genotype

Particular genetic makeup of an individual.

Phenotype

The set of observable characteristics of an individual resulting from the interaction of its genotype with the environment.