Currently an Economy Is Producing (At a Point on Its

question 35

Multiple Choice

Currently an economy is producing (at a point on its production possibilities frontier) 100 units of good X and the opportunity cost of producing 1X is 3Y.If good X is produced at increasing opportunity costs,then when the economy produces 120 units of good X (on the same PPF) the opportunity cost of producing 1Y (not 1X) could be

• A)1/4X.
• B)1/3X.
• C)1/2X.
• D)1X.
• E)none of the above

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Definitions:

Reticular Activating System

A network of neurons located in the brainstem that is responsible for regulating wakefulness and sleep-wake transitions.

Beta Wave Activity

refers to the brain wave patterns associated with active, alert, and waking states of consciousness, characterized by a higher frequency of neural oscillations.

Alpha Wave Activity

Brainwaves detected via EEG, associated with a relaxed yet alert state of consciousness.

Inverted-U Function

A theory suggesting that there is an optimal level of arousal for performance, with both too little and too much arousal leading to poorer outcomes.