Moe Divides His Time Between Studying Physics and Studying Economics

question 150

Multiple Choice

Moe divides his time between studying Physics and studying Economics. His production possibilities curve for his final grade in each class is shown below. According to Moe's PPC, moving from a 70 to an 80 in economics:

• A)is inefficient.
• B)has a lower opportunity cost than moving from an 80 to a 90.
• C)is unattainable.
• D)has a higher opportunity cost than moving from an 80 to a 90.

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Definitions:

Credit Unions

Cooperative financial institutions owned and controlled by their members, offering similar banking services as banks.

National Anti-Cigarette League

refers to an organization that campaigned against the production, sale, and consumption of cigarettes, particularly active in the early 20th century.

Progressive Era

A period in the United States from the 1890s to the 1920s characterized by social activism and political reform aimed at addressing issues stemming from industrialization and urbanization.

Cigarette Smoking

The act of inhaling and exhaling the smoke produced by burning tobacco in a rolled paper.