Evaluate. -

question 80

Multiple Choice

Evaluate.
-

• A) 4
• B) 21
• C) -343
• D) 343

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Definitions:

Available Technology

The current state of technological advances and machinery available to businesses for production purposes.

Opportunity Cost

The cost of the next best alternative foregone when making a decision.

Production Possibilities Frontier

A graph that shows the combinations of two goods that an economy can produce using all available resources and technology efficiently.