In the Context of the Production Possibilities Frontier, Opportunity Cost

question 117

Multiple Choice

In the context of the production possibilities frontier, opportunity cost can be measured by the

• A) ratio of the amounts of the two goods being produced.
• B) slope of the frontier.
• C) ratio of the costs of the two goods being produced.
• D) amount of labor needed to produce the goods and services.

---

Definitions:

Fraternal Twins

Twins that are developed from two different eggs fertilized by two different sperm, making them genetically unique individuals.

Restless

A state of unease or inability to remain still or quiet, often leading to constant movement or the desire to be constantly busy.

Fidgety

Exhibiting restless or nervous movements, often as a result of impatience, boredom, or anxiety.

Temperament

An individual's innate disposition or behavioral style and characteristic emotional response.