Use the Figure Below to Answer the Following Questions

question 14

Multiple Choice

Use the figure below to answer the following questions.
Table 2.4.1
The planets of Vulcan and Romulus each produce goods X and Y.
The following table gives points on their production possibilities frontiers.

-Refer to Table 2.4.1. Which one of the following is true?

• A)The opportunity cost of producing more of good X is the same for both planets.
• B)The opportunity cost of producing more of good Y is the same for both planets.
• C)The opportunity cost of producing more of good X is lower in Vulcan.
• D)The opportunity cost of producing more of good Y is lower in Vulcan.
• E)Vulcans are smarter than Romulans.

---

Definitions:

Voidable

Refers to a legal agreement or transaction that is valid and enforceable, but can be annulled or terminated by one or more of the parties involved due to certain defects or circumstances.

Contract

A legally binding agreement between two or more parties that creates mutual obligations enforceable by law.

UCC Contract

A contract regulated under the Uniform Commercial Code, which governs commercial transactions in the United States.

Terms

Conditions and stipulations outlined in a contract or agreement, specifying the rights and obligations of the parties involved.