Generally, on a Linear Two-Good Production Possibilities Curve, the Opportunity

question 111

Multiple Choice

Generally, on a linear two-good production possibilities curve, the opportunity cost of the good measured on the vertical axis is:

• A)one minus the opportunity cost of the good measured on the horizontal axis.
• B)the reciprocal of the opportunity cost of the good measured on the horizontal axis.
• C)the absolute value of the slope of the production possibilities curve.
• D)the negative of the opportunity cost of the good measured on the horizontal axis.

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Definitions:

Blood

A vital fluid in humans and animals that delivers necessary nutrients and oxygen to the cells and carries away waste products.

Mother

A female parent of a child or offspring.

Baby

A very young child, especially one newly or recently born.

Teratogen

An agent or factor that causes malformation of an embryo.