Refer to the Following Figure for the Questions That Follow

question 38

Multiple Choice

Refer to the following figure for the questions that follow.

-As you move from points N to M to L,the opportunity cost of additional apple pie:

• A) decreases due to the law of increasing relative cost.
• B) increases due to the law of increasing relative cost.
• C) decreases due to the law of normative economics.
• D) increases due to the law of marginal analysis.
• E) decreases due to enhancements in technology.

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Definitions:

Pituitary

A small endocrine gland located at the base of the brain which produces hormones regulating growth, metabolism, and the functioning of other endocrine glands.

Gonads

The primary reproductive organs that produce gametes (e.g., ovaries in females and testes in males) and sex hormones.

Adrenals

Glands located above the kidneys that produce hormones such as adrenaline and cortisol, which help control stress responses, blood pressure, and metabolism.

Circadian Rhythm

The natural, internal process that regulates the sleep-wake cycle and repeats roughly every 24 hours, affecting physical, mental, and behavioral changes.