The Production Possibilities Curve Below Shows the Hypothetical Relationship Between

question 107

Multiple Choice

The production possibilities curve below shows the hypothetical relationship between the production of capital goods and consumer goods in an economy. Refer to the above table.What is the opportunity cost of producing the fourth unit of capital goods?

• A)6 units of consumer goods
• B)7 units of consumer goods
• C)15 units of consumer goods
• D)22 units of consumer goods

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Definitions:

Inheritance

In object-oriented analysis, the ability of a new class to automatically pick up all the data and methods of an existing class and then extend and customize those to fit its specific needs.

Inheritance

In object-oriented programming, inheritance is the mechanism of basing an object or class upon another object (prototype-based inheritance) or class (class-based inheritance), retaining similar implementation.

Test Condition

A check to see whether the loop in an algorithm is completed.

Loop Decision

The process within programming that involves executing a set of instructions repeatedly based on a specified condition or set of conditions.