A Factory Produces Vacuum Cleaners and Floor Polishers

question 80

Multiple Choice

A factory produces vacuum cleaners and floor polishers. The factory adopts a new technology that allows it to use fewer resources to build floor polishers. With this new technology, the opportunity cost of producing a vacuum cleaner ________ and the factory is ________ efficient.

• A)remains the same; less
• B)equals the opportunity cost of producing a floor polisher; more
• C)increases; equally
• D)decreases; more
• E)increases; more

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Definitions:

Opinion Letters

Written documents prepared by attorneys that provide an analysis of the legal aspects of a situation or deal, often to guide a client's decision-making.

Legal Analysis

The process of examining and interpreting laws, legal concepts, and case precedents to apply them to specific circumstances in legal cases.

Demand Letters

A formal written request from one party to another seeking voluntary compliance with a legal obligation, such as payment of a debt, before pursuing legal action.

Frivolous Demand

A request or claim, often in a legal context, that is not serious, lacks merit, or is intended to harass.