Use the Following to Answer Questions

question 28

Multiple Choice

Use the following to answer questions :
Figure: Production Possibility Frontier
-(Figure: Production Possibility Frontier) Look at the figure Production Possibilities Frontier. If the economy is operating at point B, producing 16 cars and 12 computers per period, a decision to move to point E and produce 18 computers:

• A)indicates that you can have more computers and more cars simultaneously.
• B)makes it clear that this economy has decreasing opportunity costs.
• C)entails a loss of 8 cars per period.
• D)entails a loss of 4 cars per period.

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Definitions:

Model of Communication

A theoretical framework that describes how information is transmitted and received between communicators.

Type of Organization

Classifications of organizations based on structure, purpose, and objectives, such as nonprofit, for-profit, governmental, and nongovernmental.

Multiunit Organizations

Entities that operate across multiple physical locations or units, often to help achieve broader objectives than those possible through a single-unit operation.

Virtual Organizations

Enterprises that operate primarily online without a traditional physical presence, relying on electronic means for collaboration and operation.