You are watching: Which of the following does not illustrate opportunity cost?
Which of the following does not illustrate opportunity cost?A. If ns study, ns must provide up going come the football game.B. If ns buy a computer, I must do without a 35" TV C. More consumer security now way more spending later on D. If i spend much more on clothes, I should spend much less on food.
Which the the following would it is in most likely to reason the production possibilities curve for computers and also education to transition outward?A. A an option of more computers and also less education and learning B. A choice of much more education and also less computersC. A palliation in the labor force D. Boost in quantity of resources
On a production possibilities curve a change from economic inefficiency to economic efficiency is acquired by: A. Activity along the curve B. Activity from external the frontier come a allude on the curveC. Activity from a point inside the frontier come a allude on the curve D. A readjust in the slope of the curve
One of the assumptions underlying the production possibilities curve for any type of given economy is that: A. The state of an innovation B. Activity from exterior the frontier come a suggest on the curveC. Motion from a point inside the frontier come a suggest on the curve.D.. A readjust in the steep of the curve
Any point on the manufacturing possibilities curve illustrates:A. Minimum production combinations B. Maximum manufacturing combinations C. Economic growthD, A nonfeasible manufacturing combination
A production possibilities curve has actually "good x" ~ above the horizontal axis and "good y" top top the vertical axis. ~ above this diagram, the opportunity price of good x, in state of great y, is represented by the:A. Distance to the curve indigenous the horizontal axisB. Street to curve from the upright axisC. Activity along the curve D. No one of the above
As manufacturing of a great increases, opportunity costs rise because: A. There will certainly be more inefficiencyB. People constantly prefer having much more goodsC. The inflationary pressures D. Workers room not equally suitable to every tasks
Which of the complying with would be most most likely to cause the production possibility curve for tanks and cars to change outward:A. A palliation in the labor force B. A choice of an ext tanks and fewer car C. A choice of an ext cars and also fewer tanks D. An increase in the amount of herbal resources
Which the the following reasons economic growth?A. C and DB. D and E C. The production of much more scarce goods D. A technological improvement E. The production of an ext capital goods
A resource of financial growth is:A. Unemployment B. InefficiencyC. Much less resourcesD. Greater entrepreneurship
Investment refers to the procedure of accumulating: A. Funding goodsB. Consumer goodsC. MoneyD. Stocks and bonds
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