Refer to the Table Above to Answer This Question

question 135

Multiple Choice

Refer to the table above to answer this question.If Aipotu is presently producing 100 rice,what is the cost of producing 80 more rice?

• A)10 beans
• B)20 beans
• C)60 beans
• D)100 beans

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Definitions:

Federal Budget

An estimate of government expenditures and revenues for a specific fiscal year, as determined by the President and Congress in the United States.

Aggregate Demand

The total demand for all goods and services within a particular market or economy.

Aggregate Supply

The total supply of goods and services that firms in a national economy plan on selling during a specific time period.

Equilibrium GDP

The level of Gross Domestic Product at which total production equals total spending, indicating a state of economic balance without tendency to change.