The Above Table Shows the Daily Production Possibilities for a Bakery

question 39

Multiple Choice

The above table shows the daily production possibilities for a bakery.
Currently the bakery bakes 60 pizzas and 180 loaves of bread, that is at alternative C.
-Using the above table, what is the opportunity cost of moving from alternative C to alternative D?

• A) 60 loaves of bread
• B) 2 loaves of bread
• C) 30 loaves of bread
• D) 1/2 loaf of bread

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Definitions:

Nonconscious

Pertaining to processes that occur in the mind without conscious awareness, such as breathing or the beating of the heart.

Deliberate

To think over or consider something carefully and intentionally before making a decision.

Conscious

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, etc.

Mental Set

A tendency to approach situations in a certain way because that method has worked in the past.