Solved

Figure 2-14 Consider the Production Possibilities Curve for a Country

Question 237

Multiple Choice

Figure 2-14 Figure 2-14 Consider the production possibilities curve for a country that can produce sweaters,apples (in bushels) ,or a combination of the two -Refer to Figure 2-14.If this society moves from point U to point V, A) it gives up 40 bushels of apples to get 80 sweaters. B) it gives up 140 bushels of apples to get 80 sweaters. C) it gives up 80 sweaters to get 140 bushels of apples. D) it gives up 80 sweaters to get 40 bushels of apples. Consider the production possibilities curve for a country that can produce sweaters,apples (in bushels) ,or a combination of the two
-Refer to Figure 2-14.If this society moves from point U to point V,


A) it gives up 40 bushels of apples to get 80 sweaters.
B) it gives up 140 bushels of apples to get 80 sweaters.
C) it gives up 80 sweaters to get 140 bushels of apples.
D) it gives up 80 sweaters to get 40 bushels of apples.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q232: Figure 2-12 Figure 2-12 </p></div><svg width=

Q233: Microeconomics is the study of
A)how money affects

Q234: Figure 2-15 Figure 2-15 </p></div><svg width=

Q235: Figure 2-15 Figure 2-15 </p></div><svg width=

Q236: Figure 2-12 Figure 2-12 </p></div><svg width=

Q238: Figure 2-11 Figure 2-11 </p></div><svg width=

Q239: Refer to Figure 2-13.Which points are not

Q240: Macroeconomics is the study of
A)individual decision makers.
B)international

Q241: Figure 2-16​ Figure 2-16​ </p></div><svg width=

Q242: Figure 2-16​ Figure 2-16​ </p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents