The Tables Give Production Possibilities Data for Two Countries, Alpha

question 108

Multiple Choice

The tables give production possibilities data for two countries, Alpha and Beta, which have populations of equal size. The domestic opportunity cost of

• A)producing a ton of chips in Alpha is 1/5 of a ton of fish.
• B)producing a ton of chips in Beta is 6 tons of fish.
• C)catching a ton of fish in Alpha is 5 tons of chips.
• D)catching a ton of fish in Beta is 6 tons of chips.

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Definitions:

PLC Retentive Timer

A type of timer in a Programmable Logic Controller (PLC) that retains its value even after a power loss or when the PLC goes into a stop mode.

Motor(s) Operating

Refers to the condition where one or more electric motors are in the process of working or running.

Switch Closed

A condition in an electrical circuit where the switch is in a position that allows current to flow through.

Preset

A predetermined setting or value that is programmed into a device, allowing it to perform a certain function automatically or under specific conditions.