At One Point Along a PPF, 10 Pizzas and 7

question 368

Multiple Choice

At one point along a PPF, 10 pizzas and 7 sandwiches can be produced. At another point along the same PPF, 9 pizzas and 10 sandwiches can be produced. The opportunity cost of a pizza between these points is per pizza.

• A) 1/3 of a sandwich
• B) 10/7 of a sandwich
• C) 3 sandwiches
• D) 7/10 of a sandwich

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Definitions:

Talents

Describes individuals' natural aptitudes or skills in particular areas, such as art, sports, or intellectual achievements.

Fixed Mindset

A psychological theory describing individuals who believe their talents and abilities are fixed traits that cannot be developed.

Effort

The exertion of physical or mental energy toward the accomplishment of a task.

Sensitive

Having the capacity to perceive and respond to changes or stimuli; can also refer to an individual's susceptibility to emotional influences.