If the Law of Increasing Opportunity Costs Is Operable,and Currently

question 113

Multiple Choice

If the law of increasing opportunity costs is operable,and currently the opportunity cost of producing the 1,000th unit of good X is 0.5Y,then the opportunity cost of producing the 2,001st unit of good is X is most likely to be

• A) less than 0.5Y.
• B) more than 0.5Y but less than 2Y.
• C) more than 0.5Y.
• D) less than 0.5Y but more than zero.
• E) none of the above

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Definitions:

Hypnosis

A trancelike state of focus and concentration characterized by heightened suggestibility, relaxation, and imagination.

Cerebral Cortex

The outer layer of the brain, involved in higher-level processes such as consciousness, thought, emotion, reasoning, language, and memory.

Relaxed Waking State

A state of consciousness characterized by reduced physical and mental tension while being fully awake and alert.

Mindfulness Meditation

A mental training practice that involves focusing one's attention on the present moment while calmly acknowledging and accepting one's feelings, thoughts, and bodily sensations.