(Table: Econoland and Macroland Annual Production Capacity in Tons) Based

question 70

Multiple Choice

(Table: Econoland and Macroland Annual Production Capacity in Tons) Based on the table, which statement correctly identifies opportunity costs? $$\begin{array} { | l | l | l | } \hline & \text { Cabbages } & \text { Oranges } \\\hline \text { Econoland } & 50,000 & 40,000 \\\hline \text { Macroland } & 80,000 & 72,000 \\\hline\end{array}$$

• A) Macroland's opportunity cost for producing cabbages is 0.625% of Econoland's.
• B) Econoland's opportunity cost for producing cabbages is 1.6 tons of oranges.
• C) Macroland's opportunity cost for producing oranges is 1.11 tons of cabbage.
• D) Econoland's opportunity cost for producing oranges is 0.556% of Macroland's.

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Definitions:

Continental Army

The primary military force of the American colonies during the American Revolutionary War, established in 1775.

State Support

Financial or policy assistance provided by government to individuals, organizations, or industries to encourage growth, stability, or development.

Necessary Supplies

Items or materials required for a particular purpose, essential for operations or survival.

Financing the War

The methods and strategies used by countries to fund military operations and war efforts, including taxation, borrowing, printing money, and selling war bonds.