Table 2.1.1 The Following Table Gives Points on the Production Possibilities Frontier

question 123

Multiple Choice

Table 2.1.1
The following table gives points on the production possibilities frontier for goods X and Y.

-From the data in Table 2.1.1 we can infer that

• A)the economy illustrated has a comparative advantage in the production of Y.
• B)the economy illustrated has a comparative advantage in the production of X.
• C)the opportunity cost of producing an additional unit of Y increases as the production of Y increases.
• D)the opportunity cost of producing an additional unit of Y decreases as the production of Y increases.
• E)none of the above.

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Definitions:

Peptide Bond Formation

A biochemical process that involves the joining of two amino acids through a covalent bond between the amino group of one and the carboxyl group of the other, releasing a molecule of water.

tRNA

Transfer RNA; a type of RNA molecule that helps decode a messenger RNA (mRNA) sequence into a protein during the process of translation in protein synthesis.

Ribosome

Molecular machines within cells that synthesize proteins by translating the information contained in messenger RNA.

Nitrogenous Base

An organic molecule with nitrogen that is a component of nucleic acids and nucleotides, participating in forming the genetic code.