Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. The marginal rate of transformation in moving from Point B to Point A is
A. -2/3.
B. -3/4.
C. -1.5.
D. -20.
Answer: A
You might also like to view...
Which of the following is not an argument for private sector production of collective consumption goods?
a. The good might only be a collective consumption good because of current government production. b. Private sector production provides information about consumer preferences about the good. c. The private sector has lower pay scales then government, lowering overhead costs. d. Taxes used to finance government production produce deadweight losses.
The German inflation rate after World War I was measured in the thousands of percents. This condition is referred to as
a. fundamental inflation. b. environmental inflation. c. hyperinflation. d. episodic inflation.
Which of the following owns the largest proportion of the national debt?
A. foreigners B. federal, state, and local governments and the Federal Reserve C. private individuals, banks, and corporations D. foreign governments
Refer to the information provided in Table 2.1 below to answer the following question(s). Table 2.1?KrystalMarkWriting Poems812Writing TV Commercials24Refer to Table 2.1. For Mark, the opportunity cost of writing six TV commercials is ________ poems.
A. 2 B. 18 C. 24 D. an indeterminate number of