Multiple Choice
Use the figure below to answer the following questions.
Table 2.4.1
The planets of Vulcan and Romulus each produce goods X and Y.
The following table gives points on their production possibilities frontiers.
-Refer to Table 2.4.1. For Romulus, the opportunity cost of producing an additional unit of Y is
A) 2/3 units of X.
B) 1/2 unit of X.
C) 2 units of X.
D) 3 units of X.
E) 3/2 units of Y.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Use the table below to answer the
Q14: Use the figure below to answer the
Q16: Use the figure below to answer the
Q20: Use the figure below to answer the
Q21: Production efficiency is achieved when<br>A)the production possibilities
Q30: A marginal benefit curve measures<br>A)comparative advantage.<br>B)willingness to
Q40: Use the figure below to answer the
Q55: Use the figure below to answer the
Q56: To describe preferences,economists use the concept of<br>A)opportunity
Q91: If Sam is producing at a point