If an Economy Can Produce a Maximum of 100 Units

question 30

Multiple Choice

If an economy can produce a maximum of 100 units of good X and the opportunity cost of 1X is always 5Y,then what is the maximum number of units of good Y the economy can produce?

• A) 250
• B) 100
• C) 20
• D) 500
• E) none of the above

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Definitions:

Identity Degradation

A response to repeated or glaring failures that destroys the offender’s current identity and transforms him or her into a “lower” social type.

Tactical Impression Management

The selective use of self-presentation tactics by a person who wishes to manipulate the impressions that others form of him or her.

Alter-Casting

A tactic in social interaction where one person imposes a role or identity onto another person, often to influence behavior in a desired direction.

Defining the Situation

The process of interpreting or framing a situation to understand its meaning, implications, and what actions should be taken.