Use the Following to Answer Questions Production P Ossibilities S

question 141

Multiple Choice

Use the following to answer questions Production P ossibilities S chedule 2

$\begin{array}{cccccc}&V & W & X & Y & Z\\\hline\text { Capital goods per period } & 0 & 1 & 2 & 3 & 4 \\\text { Consumer goods per period } & 20 & 18 & 14 & 8 & 0\end{array}$
-(Exhibit: Production Possibilities Schedule 2) If the economy is producing at alternative X, the opportunity cost to it of producing at Y instead of X is _______ units of consumer goods per period.

• A)0
• B)6
• C)8
• D)14

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Definitions:

Dollar General

An American chain of variety stores headquartered in Tennessee, known for selling low-priced products.

Merchandise

Products available for sale, particularly in the context of retail.

Target Market

The specific group of consumers at which a product or service is aimed, characterized by similar needs, interests, or demographic profiles.

Large Manufacturers

Businesses that operate on a large scale in the production of goods, often utilizing extensive facilities and machinery.