Table 2.1.2 -Refer to Table 2.1.2.According to This Production Possibilities Frontier

question 125

Multiple Choice

Table 2.1.2
-Refer to Table 2.1.2.According to this production possibilities frontier,

• A)a combination of 0 kilograms of butter and 4 snowshoes is attainable.
• B)the opportunity cost of producing snowshoes increases as more snowshoes are produced.
• C)resources are equally useful in all activities.
• D)the opportunity cost of producing snowshoes decreases as more snowshoes are produced.
• E)a combination of 6 kilograms of butter and 1 snowshoe is inefficient.

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Definitions:

Oligocene Era

A geologic epoch of the Paleogene Period, occurring from about 34 to 23 million years ago, during which mammals and birds evolved considerably.

Continental Drift

In the theory of plate tectonics, the movement of continents embedded in underlying plates on the earth's surface in relation to one another over the history of life on earth.

Climate Change

Significant and long-term changes in the Earth's climate, including global warming, largely attributed to human activities.

Human History

The recorded or studied past of the human species, encompassing historical events, cultures, advancements, and transformations through time.