Ming-Na Must Write a Political Science Term Paper and Prepare

question 43

Multiple Choice

Ming-Na must write a political science term paper and prepare for an economics exam. The production possibilities curve between political science and economics preparation is a straight line. As time spent studying economics increases, what is the effect on the opportunity cost of studying for economics?

• A) It increases.
• B) It remains the same.
• C) It first increases, then decreases.
• D) It decreases.

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Definitions:

Original Prices

The initial cost of goods or services before any discounts, promotions, or changes.

Bureau of Fisheries

A government agency responsible for the regulation and oversight of fishing activities, management of fish populations, and conservation of aquatic habitats.

Fishing License

A regulatory or legal authorization required to fish in certain areas, used to manage and conserve fish stocks and control fishing practices.

Income

Sum of money regularly obtained through one's job or investment decisions.