A Country Produces Only Apples and Bananas

question 258

Multiple Choice

A country produces only apples and bananas.Moving from point A to point B along its production possibilities frontier,5 apples are gained and 4 bananas are forgone.What is the opportunity cost of an apple?

• A) 4 bananas
• B) 5/4 of a bananas
• C) 4/5 of a banana
• D) 1 apple
• E) None of the above answers is correct.

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Definitions:

Normal Accidents

A concept proposing that in complex systems, accidents are inevitable due to the unforeseeable interaction of multiple failures.

Technological Determinism

The theory that society's technology drives the development of its social structure and cultural values.

Risk Society

A theoretical concept where society is increasingly preoccupied with the future and also manages risks derived from technological and scientific advancements.

Natural Disasters

Severe and extreme weather events or geological phenomena that cause significant damage, disruption, or loss of life.