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Figure 1-7 Shows the Production Possibilities Boundary for an Economy

question 98

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Figure 1-7 shows the production possibilities boundary for an economy that produces two goods - cotton and bananas. Figure 1-7 shows the production possibilities boundary for an economy that produces two goods - cotton and bananas.   FIGURE 1-7 -Refer to Figure 1-7.A production possibilities boundary is shown for an economy that produces two goods - cotton and bananas,both measured in tonnes produced per year.Suppose the economy is currently producing at point A.What is the opportunity cost to this economy of increasing production of bananas by 100 tonnes? A) there is no opportunity cost B) 60 tonnes of cotton C) 100 tonnes of cotton D) 1440 tonnes of bananas E) 1500 tonnes of bananas FIGURE 1-7
-Refer to Figure 1-7.A production possibilities boundary is shown for an economy that produces two goods - cotton and bananas,both measured in tonnes produced per year.Suppose the economy is currently producing at point A.What is the opportunity cost to this economy of increasing production of bananas by 100 tonnes?

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Definitions:

Main Request

The principal or most important petition or demand made by one party to another.

Attention-Getting

Designed to attract and hold interest or focus towards something specific.

Audience Adaptation

The practice of tailoring communication strategies and content to suit the preferences, interests, or expectations of a specific audience.

Recommendation

An endorsement or proposal suggesting the best course of action or advising a particular choice.

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