Use the Figure Below to Answer the Following Question

question 52

Multiple Choice

Use the figure below to answer the following question.

Figure 2.1.5
-The graph in Figure 2.1.5 shows Sunland's PPF for food and sunscreen.Sunland faces ________ opportunity cost of food and ________ opportunity of sunscreen,which can be seen by the shape of the PPF.

• A)an increasing;a decreasing
• B)a constant;a constant
• C)a decreasing;an increasing
• D)an increasing;an increasing
• E)a decreasing;a decreasing

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Definitions:

Supplier

An entity, individual, or company that provides products or services to another entity or individual typically in a supply chain context.

Income

Proceeds that come in, particularly at consistent intervals, from occupational or investment sources.

Utility Function

A mathematical representation that captures the preference ranking of various bundles of goods by an individual, translating these preferences into a level of utility or satisfaction.

Income

Refers to the money received, typically on a regular basis, for work or through investments.