Refer to the Information Provided in Scenario 4 Below to Answer

question 68

Essay

Refer to the information provided in Scenario 4 below to answer the questions that follow.
SCENARIO 4: Suppose that a state needs to build both prisons and schools with a budget limited to 10 million dollars. Schools cost $1 million each to build and prisons cost $2 million each to build.
-Refer to Scenario 4. What is the opportunity cost of building one more prison?

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Definitions:

Genes

Sequences of DNA that determine characteristics and are inherited from one's parents.

Polygenic

Resulting from many genes.

Monogenic

Describes a trait or condition determined by a single gene, often contrasting with polygenic traits which are influenced by multiple genes.

Simple Sugar

Basic forms of carbohydrates that can be quickly absorbed and utilized by the body for energy.