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-In the Figure Above, If the Quantity of Yogurt Produced

question 12

Multiple Choice

  -In the figure above, if the quantity of yogurt produced increases from 2 gallons an hour to 3 gallons an hour, the opportunity cost of a gallon of yogurt in terms of ice cream is A)  half a gallon. B)  1 gallon. C)  3 gallons. D)  4 gallons.
-In the figure above, if the quantity of yogurt produced increases from 2 gallons an hour to 3 gallons an hour, the opportunity cost of a gallon of yogurt in terms of ice cream is


Definitions:

Labor Force

The total number of people employed or actively seeking employment in a given economy.

Nonpaid Labor

Work or tasks performed without financial compensation, often including household chores, caregiving, and volunteer work.

Empower

To give individuals or groups the authority or power to do something, enabling them to take initiative and make decisions.

Independent DECISIONS

Choices or judgments made by an individual or organization without influence or pressure from others, reflecting autonomy and self-determination.

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