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The Following Graph Shows the Production Possibilities Curve for the Economy

question 54

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The following graph shows the production possibilities curve for the economy with only two members, Silvia and Art. Silvia can produce either 50 pounds of beef or 2 computers per week, and Art can produce 100 pounds of beef or 1 computer per week. Both of them work 40 weeks per year. The following graph shows the production possibilities curve for the economy with only two members, Silvia and Art. Silvia can produce either 50 pounds of beef or 2 computers per week, and Art can produce 100 pounds of beef or 1 computer per week. Both of them work 40 weeks per year.   Art's opportunity cost of producing one pound of beef is ________ computer(s) . A) 1/100 B) 1/50 C) 50 D) 100 Art's opportunity cost of producing one pound of beef is ________ computer(s) .


Definitions:

Food Allergies

An immune system reaction that occurs soon after eating a certain food, causing various symptoms.

Food Intolerance

An adverse physical reaction to certain foods, not involving the immune system, that can cause discomfort or illness.

Constipation

A common condition where a person experiences difficulty in evacuating bowels, often leading to infrequent or hard stool.

Lactose Intolerance

A condition where the body lacks the enzyme needed to digest lactose, leading to digestive issues after consuming dairy products.

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