In an Economy Consisting of Only Two Goods,corn and Cloth,the

question 5

Multiple Choice

In an economy consisting of only two goods,corn and cloth,the amount of extra cloth that can be produced efficiently if corn output is reduced by one unit is equal to

• A)the rate of technical substitution for corn divided by the rate of technical substitution for cloth.
• B)the rate of technical substitution for cloth divided by the rate of technical substitution for corn.
• C)the marginal cost of producing cloth divided by the marginal cost of producing corn.
• D)the marginal cost of producing corn divided by the marginal cost of producing cloth.

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Definitions:

Monocytes

A form of leukocyte crucial to the immune system, as it evolves into macrophages and dendritic cells.

Neutrophils

A type of white blood cell that helps the body fight infections by engulfing and destroying bacteria and fungi.

Agranulocyte

Nongranular leukocyte (monocyte or lymphocyte).

Eosinophil

A type of white blood cell involved in allergic reactions and fighting parasitic infections.