Following Is the Production Possibilities Schedule for an Economy Producing

question 57

Multiple Choice

Following is the production possibilities schedule for an economy producing two goods, Good A and Good B.Table 2.1

-Refer to Table 2.1. Identify the correct statement.

• A)This economy can produce 100 units of A and 20 units of B.
• B)The opportunity cost of producing more of A decreases as A increases.
• C)The opportunity cost of producing more of B decreases as B increases.
• D)This economy can produce 70 units of A and 40 units of B.
• E)If this economy fully and efficiently employs all its resources, it can produce 100 units of A and 80 units of B.

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Definitions:

Administers

To manage, direct, or give out, especially in doses or portions.

Prescribes

The act of a medical practitioner recommending or ordering the use of a specific treatment or medication.

Dispenses

The act of distributing or providing medications, supplies, or other commodities as required.

Complementary and Alternative Medicine

Various medical practices and products not traditionally part of conventional medicine, aiming to improve health and well-being.