Figure 2-7 Tesla Opened Its Gigafactory near Sparks, Nevada to Produce Lithium-Ion

question 43

Multiple Choice

Figure 2-7

Tesla opened its Gigafactory near Sparks, Nevada to produce lithium-ion batteries for both its automobiles and its Powerwall energy storage products. Figure 2-7 shows changes to its production possibilities frontier at the Gigafactory in response to new developments and different strategic production decisions.
-Sarita can bake either a combination of 25 cakes and 15 pies or a combination of 10 cakes and 20 pies.If she now bakes 10 cakes and 20 pies, what is the opportunity cost of baking an additional 15 cakes?

• A)5 pies
• B)10 pies
• C)15 pies
• D)20 pies

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Definitions:

President Eisenhower

Dwight D. Eisenhower, the 34th President of the United States, serving from 1953 to 1961, known for his leadership during World War II and the interstate highway system development.

Brown Decision

Refers to the landmark U.S. Supreme Court decision in Brown v. Board of Education of Topeka (1954), which declared state laws establishing separate public schools for black and white students to be unconstitutional.

Eighth-Grade Education

A level of education typically received by students around the age of 13 to 14 years old in the United States, considered basic education.

Fixed Incomes

A type of income that does not vary over time, typically associated with retirees or investments that pay a regular, unchanging amount.