Multiple Choice
Table 1.3 shows the hypothetical trade-off between different combinations of brushes and combs that might be produced in a year with the limited capacity for Country X,ceteris paribus. Table 1.3
Production Possibilities for Brushes and Combs
On the basis of Table 1.3,the law of increasing opportunity costs applies to
A) Both brushes and combs.
B) Combs but not brushes.
C) Brushes but not combs.
D) Neither brushes nor combs.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: The Latin phrase ceteris paribus refers to
Q51: Which of the following is not a
Q52: Table 1.1 shows the hypothetical trade-off
Q53: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" In Figure 1.9,as
Q54: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" Refer to Figure
Q56: Table 1.2 shows the hypothetical trade-off
Q57: If the economy is inside the production
Q58: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" In Figure 1.9,the
Q59: The opportunity cost of studying for an
Q60: The basic factors of production include<br>A)Land,labor,money,and capital.<br>B)Land,labor,money,and