Use the Following to Answer Questions

question 228

Multiple Choice

Use the following to answer questions:
Figure: Strawberries and Submarines II
-(Figure: Strawberries and Submarines II) Use Figure: Strawberries and Submarines II.Assume that the economy is operating at point A.The opportunity cost of moving to point C is equal to _____ million tonnes of strawberries:

• A) 800
• B) 200
• C) 2
• D) 50

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Definitions:

Cell Phones

Portable electronic devices used for mobile communication, including voice calls, text messaging, and internet access.

MP3 Players

Electronic devices designed to play digital audio files in MP3 format, allowing for portable music playback.

Circuit Boards

Are the electronic platforms that physically support and electrically connect the components of electronic devices.

Supply

The total amount of a product or service that is available to consumers at a given price level.