Refer to the Following Figure for the Questions That Follow

question 67

Multiple Choice

Refer to the following figure for the questions that follow.

-The opportunity cost of increasing the production of apple pies from 12 to 14 pies is:

• A) 2 blueberry pies.
• B) 14 apple pies.
• C) 7 blueberry pies.
• D) 4 blueberry pies.
• E) 2 apple pies.

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Definitions:

Listening Process

The act of receiving, understanding, recalling, evaluating, and responding to verbal and non-verbal messages.

Interpreting

The process of explaining or providing the meaning of something, often involving the translation of languages or elucidation of data.

Remembering

The cognitive process of recalling information that has been learned or experienced.

Minutes

A written record of the main points discussed and decisions made during a meeting.