Figure 1-7 Shows the Production Possibilities Boundary for an Economy

question 124

Multiple Choice

Figure 1-7 shows the production possibilities boundary for an economy that produces two goods-cotton and bananas. FIGURE 1-7 Refer to Figure 1-7.A production possibilities boundary is shown for an economy that produces two goods-cotton and bananas,both measured in tonnes produced per year.Suppose the economy is currently producing at point D.What is the opportunity cost of increasing production of bananas by 100 tonnes?

• A)There is no opportunity cost.
• B)420 tonnes of cotton
• C)100 tonnes of cotton
• D)60 tonnes of cotton
• E)920 tonnes of cotton

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Definitions:

Pupil Dilation

The process by which the pupil, the circular opening in the center of the eye's iris, increases in size to allow more light to enter the eye.

Left Frontal Lobe

The left frontal lobe is a region of the brain associated with reasoning, motor skills, higher level cognition, and expressive language.

Autonomic Nervous System

The section of the nervous system responsible for regulating automatic body functions such as heartbeat, digestive processes, and breathing rate.

Autonomic Arousal

Autonomic arousal refers to the physical responses of the autonomic nervous system to stimuli, including changes in heart rate, breathing, and sweating.