The Following Table Illustrates Alternative Production Techniques for Producing 18

question 31

Multiple Choice

The following table illustrates alternative production techniques for producing 18 widgets that can be sold for $1 each for a total revenue of $18. Refer to the above table. Using the technique cited in the previous question will result in an:

• A) Economic loss of $2
• B) Economic profit of $1
• C) Economic profit of $2
• D) Economic profit of $3

---

Definitions:

Bill of Rights

The collective name for the first ten amendments to the United States Constitution, which outline and guarantee fundamental rights and protections to American citizens.

Amendments

Official changes or additions made to a legal document, statute, or constitution to clarify or modify its content.

Commerce Clause

Clause 3 of Article I, Section 8, of the U.S. Constitution, which authorizes and empowers Congress “[t]o regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.”

Foreign Nations

Countries that are outside of one's own national borders.