-The Table Above Represents Different Points Along a Production Possibilities

question 81

Multiple Choice

$$\begin{array} { | l | l | } \hline \begin{array} { l } \text { Quantity of } \\\text { beans } \\\text { (bushels) }\end{array} & \begin{array} { l } \text { Quantity of } \\\text { carrots } \\\text { (bushels) }\end{array} \\\hline 5 & 0 \\\hline 4 & 5 \\\hline 8 & 9 \\\hline 2 & 12 \\\hline 1 & 14 \\\hline 0 & 15 \\\hline\end{array}$$
-The table above represents different points along a production possibilities curve. What is the marginal cost of moving from 2 bushels to 3 bushels of beans?

• A) 9 bushels of carrots per bushel of beans
• B) 12 bushels of carrots per bushel of beans
• C) 21 bushels of carrots per bushel of beans
• D) 3 bushels of carrots per bushel of beans

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Definitions:

Current Liabilities

Short-term financial obligations due within one year or within a normal operating cycle.

Net Fixed Assets

The value of a company's property, plant, and equipment minus any depreciation that has been recorded on these assets.

Cash Flow

The net amount of cash being transferred into and out of a business, considered important for assessing liquidity, flexibility, and overall financial health.

Creditors

Individuals or institutions that lend money or extend credit, with the expectation of being repaid.