Exhibit 3-3 Refer to Exhibit 3-3

question 11

Multiple Choice

Exhibit 3-3 Refer to Exhibit 3-3.A movement from Point C to Point B:

• A) involves sacrificing bread in order to produce a greater quantity of wine.
• B) involves sacrificing wine in order to produce a greater quantity of bread.
• C) involves no sacrifice of output, as the opportunity cost of production is zero everywhere along the production possibilities curve.
• D) will increase the level of unemployment in the economy.

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Definitions:

Distilling

The process of purifying a liquid by heating and cooling, or the extraction of the essential meaning or most important aspects of something.

Paragraph

A distinct section of writing that typically deals with a single theme and begins on a new line.

Distilling

The process of purifying a liquid by heating and cooling, or extracting the essential meaning or most important aspects of something.

Conclusion

The final part of something, typically a process or an argument, where the outcome or decision is reached.