Refer to the Figure Shown,which Represents the Production Possibilities Frontiers

question 79

Multiple Choice

Refer to the figure shown,which represents the production possibilities frontiers for Countries A and B.Which of the following statements is true? The opportunity cost of a truck in Country B is:
A.12 cars.
B.4 trucks.
C.1.5 cars
D.3 cars.

• A)measures the opportunity cost of trucks in terms of cars.
• B)measures the trade-off that Country A face when deciding how to allocate resources.
• C)is constant because the opportunity cost remains constant.
• D)All of these statements are true.

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Definitions:

Disputant

An individual involved in a conflict or dispute, especially one seeking to resolve the disagreement through legal or formal means.

Clamming Up

The act of becoming silent or uncommunicative, often as a response to stress or discomfort.

Leaving The Room

The act of exiting a specific space or area, typically to signify the end of participation in an event or situation.

Economic Security

The state of having stable income or other resources to support a standard of living now and in the foreseeable future, protecting individuals and families from poverty and financial uncertainties.