Figure 211 Alt Text for Figure 2

question 74

Multiple Choice

Figure 2.11 Alt text for Figure 2.11: In figure 2.11, a graph compares paper and steel production.
Long description for Figure 2.11: The x-axis is labelled, steel in millions of tons and the quantities 14, 16, 19, and 20 are marked.The y-axis is labelled, paper in millions of tons, and the quantities 4, 9, and 11 are marked.Points Y(14, 9) , W(16, 9) , (19, 4) , and an unnamed point (14, 11) are plotted on the graph, and joined to the respective axes using dotted lines.A concave curve is drawn from the y-axis to the x-axis, passing through the unnamed point (14, 11) , and points W(16, 9) , and X(19, 4) .Point Y is between the curve and the axes.
-Refer to Figure 2.11.If the economy is currently producing at point X, what is the opportunity cost of moving to point W?

• A)3 million tons of steel
• B)19 million tons of steel
• C)5 million tons of paper
• D)9 million tons of paper

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Definitions:

Charles II

A king of England, Scotland, and Ireland who reigned during the Restoration period after the English Civil War.

Elizabeth I

Elizabeth I was the Queen of England and Ireland from 1558 until her death in 1603, known for her strong leadership during a period of religious turmoil and for fostering the English Renaissance.

James I

James I was the King of England and Ireland as James I (from 1603) and King of Scotland as James VI (from 1567), known for his authorization of the King James Bible.

War of Independence

A conflict fought by a nation or a group within a nation to gain political freedom and sovereignty from a colonial power or oppressive government.