-In the Table Above, Country B Is Producing 4 Units

question 156

Multiple Choice

-In the table above, country B is producing 4 units of X and 6 units of Y. For country B, the opportunity cost of producing an additional unit of Y is

• A) 3 units of X.
• B) 1/2 unit of X.
• C) 2/3 unit of X.
• D) 2 units of X.

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Definitions:

Social Science

The systematic empirical study of the patterns, structures, and functions of human behavior, individually or in groups, within society.

Statistical Significance

A term used in statistical analysis to represent the probability that an obtained result has not occurred by chance.

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The connections or associations between two or more people.

Homeless Shelter

A place providing temporary accommodation and support services to people who are without a home.