A Nation Can Produce Two Products: Tanks and Autos

question 62

Multiple Choice

A nation can produce two products: tanks and autos. The table below is the nation's production possibilities schedule. The total opportunity cost of one unit(s) of tanks is

• A)100 units of autos.
• B)50 units of autos.
• C)1,000 units of autos.
• D)950 units of autos.

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Definitions:

Earnings Per Share

A financial metric that shows the portion of a company's profit allocated to each outstanding share of common stock.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment compared to its cost.

Earnings Per Share

A metric that shows the portion of a company's profit attributed to each share of common stock, used to gauge a company's profitability.

Sales Revenue

The total income generated from the sale of goods or services before any expenses are subtracted.