Multiple Choice
Below are some production possibilities data for the mystical land of Ghandor.
-Refer to the information above to answer this question.Suppose that Ghandor is currently producing combination A. What is the opportunity cost of producing 4 units of Arrows.
A) Zero.
B) 4 units of Viners.
C) 5 units of Viners.
D) 20 units of Viners.
Correct Answer:
Verified
Correct Answer:
Verified
Q46: Which of the following terms describes the
Q47: Which of the following is an alternative
Q48: Figure 1.13 shows Mendork's production possibility curve
Q49: Figure 1.13 shows Mendork's production possibility curve
Q50: The graph below is Mendork's production possibility
Q52: Explain how microeconomics differs from macroeconomics and
Q53: What do economists mean when they say
Q54: All of the following,except one,are capital goods.Which
Q55: What is the opportunity cost of a
Q56: What do economists always do when they