Use the Following to Answer Question

question 37

Multiple Choice

Use the following to answer question:

-(Figure: Bicycles and Radishes I) Use Figure: Bicycles and Radishes I.The figure shows production possibility frontiers for two countries that produce only radishes and bicycles.The axes of the two graphs are measured in equivalent units.Country A is operating at point M,and country B is operating at point N.Suppose country A discovers a new technology that greatly increases its ability to produce bicycles but has no effect on its ability to produce radishes.This would:

• A)lower the opportunity cost of producing radishes in country A.
• B)increase the opportunity cost of producing radishes in country A.
• C)not affect the opportunity cost of producing radishes in country A.
• D)increase the opportunity cost of producing radishes in country B.

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Definitions:

Polynomials

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An equivalent expression that has been condensed to as few terms as possible, often by combining like terms or using algebraic properties.

Shaded Region

The area marked or colored differently than its surroundings, often used in diagrams or graphs to denote a specific area.

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