If an economy moves from producing 10 units of A and 4 units of B to producing 7 As and 5Bs The opportunity cost of the 5th B is ?

Related Mcqs:

The most important category of norms for maintaining social order are ?

A. folkways B. mores C. customs D. traditions...

In the United States a college degree is generally associated with_____________?

A. achieved status B. ascribed status C. no status D. castes...

According to the text the following people were/are deviant ?

A. Joan of Arc B. Mozart C. The Hell,s Angels D. People with high IQs...

The American democratic system is based on________________?

A. the dignity of the individual B. representation of the majority C. protection of minority rights D. all of the above...

The participants in a market economy cannot pursue their goals freely because they are affected by_________________?

A. the ratio of gold to paper money B. economic laws C. prices and incomes D. the religious institution...