Moe Divides His Time Between Studying Physics and Studying Economics

question 64

Multiple Choice

Moe divides his time between studying Physics and studying Economics. His production possibilities curve for his final grade in each class is shown in the accompanying figure. The Principle of Increasing Opportunity Cost is reflected in the fact that the opportunity cost going from 70 to 80 in economics is:

• A)lower than the opportunity cost of going from 80 to 90 in economics.
• B)higher than the opportunity cost of going from 80 to 90 in economics.
• C)lower than the opportunity cost of going from 80 to 90 in physics.
• D)the same as the opportunity cost of going from 70 to 80 in physics.

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A deeply distressing or disturbing experience, which can lead to emotional, psychological, or physical distress.

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Individuals who have never undergone a marital ceremony or registered a marriage legally.

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A long-term commitment between two people who don’t plan to marry.

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To make or declare something official, structured, or conform to established rules or norms.