Table 3-11 Assume That Falda and Varick Can Switch Between Producing Wheat

question 211

Multiple Choice

Table 3-11
Assume that Falda and Varick can switch between producing wheat and producing cloth at a constant rate.

-Refer to Table 3-11.Falda's opportunity cost of one bushel of wheat is

• A) 2/3 yard of cloth and Varick's opportunity cost of one bushel of wheat is 2/5 yard of cloth.
• B) 2/3 yard of cloth and Varick's opportunity cost of one bushel of wheat is 5/2 yards of cloth.
• C) 3/2 yards of cloth and Varick's opportunity cost of one bushel of wheat is 2/5 yard of cloth.
• D) 3/2 yards of cloth and Varick's opportunity cost of one bushel of wheat is 5/2 yards of cloth.

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Definitions:

Circadian

Relating to biological processes that occur in a natural, cyclic pattern of approximately 24 hours.

Circannual Rhythms

Biological processes and behaviors that display an annual, or yearly, cycle.

Constant Darkness

An environmental condition characterized by the absence of light for an extended period, affecting biological rhythms and behaviors in organisms.

Hibernation

A state of inactivity and metabolic depression in animals during winter to conserve energy, often involving significantly lowered body temperature and slowed breathing.