Moving Between Two Points on a PPF,a Country Gains 8

question 229

Multiple Choice

Moving between two points on a PPF,a country gains 8 desktop computers and forgoes 4 laptop computers.The opportunity cost of 1 desktop computer is

• A) 4 laptops.
• B) 8 desktops.
• C) 1 desktop.
• D) 2 laptops.
• E) 1/2 of a laptop.

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Definitions:

Sponsorship

The provision of support, financial or otherwise, to an event, activity, person, or organization, usually for commercial advantage.

Feedback

Information provided regarding aspects of one's performance or understanding, aimed at improving or guiding future actions.

Fine-Tuning

The process of making small adjustments to improve or optimize a system, product, or performance.