-At One Point Along a PPF, 50 Tons of Coffee

question 117

Multiple Choice

-At one point along a PPF, 50 tons of coffee and 100 tons of bananas are produced. At another point along the same PPF, 30 tons of coffee and 140 tons of bananas are produced. The opportunity cost of a ton of coffee between these points is

• A) 1/2 of a ton of bananas.
• B) 2 tons of bananas.
• C) 7/5 of a ton of bananas.
• D) 5/7 of a ton of bananas.

---

Definitions:

Secretary of State

A senior official who is responsible for the foreign affairs in the United States, or a governmental official with varied duties in other jurisdictions.

Court Intervention

The act of a court taking action or stepping into a situation to make a legal decision or enforce laws.

Consolidations

The combination of two or more entities into a single entity, often with the aim of enhancing efficiency or competitiveness.

Mergers

The combination of two or more entities into one, through either the acquisition of one by another or the consolidation of the entities into a new entity.