Figure 113 Shows Mendork's Production Possibility Curve for the Only Two

question 77

Multiple Choice

Figure 1.13 shows Mendork's production possibility curve for the only two goods that it produces-guns and butter.

-Refer to Figure 1.13 to answer this question.If Mendork's production is currently that indicated by point a,what is the cost of producing four more guns?

• A)1 tonne of butter.
• B)2 tonnes of butter.
• C)6 tonnes of butter.
• D)10 tonnes of butter.

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Definitions:

Supervening Illegality

A situation where a law change after an agreement is made renders the performance of the contract illegal.

Impossibility

A concept in contract law where unanticipated events make the fulfillment of a contract's terms unfeasible or unable to be completed.

Substitute

An alternative or replacement for something else, particularly in the context of products, goods, or services.

Statute of Limitations

A law that sets the maximum time after an event within which legal proceedings may be initiated.