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Figure 3-5 These Graphs Illustrate the Production Possibilities Available for Dancing Shoes

question 55

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Figure 3-5
These graphs illustrate the production possibilities available for dancing shoes to Fred and Ginger with 40 hours of labour. Figure 3-5 These graphs illustrate the production possibilities available for dancing shoes to Fred and Ginger with 40 hours of labour.   -Refer to Figure 3-5. What is the opportunity cost of one pair of ballet slippers for Ginger? A)  1/4 pair of tap shoes B)  1/3 pair of tap shoes C)  3/4 pair of tap shoes D)  4/3 pairs of tap shoes
-Refer to Figure 3-5. What is the opportunity cost of one pair of ballet slippers for Ginger?


Definitions:

Lenz's Law

A principle in electromagnetism stating that an induced electric current will flow in a direction such that it opposes the change in magnetic flux that produced it.

Exponential Rate

A rate of growth in which the increase occurs in a manner proportional to the current amount, often seen as rapid growth.

Hypotenuse

The longest side of a right triangle.

Pythagoras

A Greek mathematician.

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