A graph showing consumer goods and capital goods... N Consumer goods (a) (b) Capital goods Refer to the above production possibilities curves. Curve (a) is the current curve for the economy. Other things being equal, society's current choice of point P on curve (a) will: O allow it to achieve more rapid economic growth than would the choice of point N. O entail a slower rate of economic growth than would the choice of point N. O entail the same rate of growth as would the choice of point N. O be unobtainable because it exceeds the productive capacity of the economy.A graph showing bicycles and computers. A 14 .5 N v A Bicycles M h m a: O 0. i 3" s 3 10 Computers 0 convex to the origin because opportunity costs are constant. 0 linear because opportunity costs are constant. 0 concave to the origin because of increasing opportunity costs. 0 convex to the origin because of increasing opportunity costs. Production possibilities tables for two countries, North Cantina and South Cantina: North Cantina Production possibilities (alternatives) A B C D E Capital goods 4 3 2 1 0 Consumer goods 0 10 18 24 28 30 South Cantina Production possibilities (alternatives) A B C D E Capital goods 4 3 N 0 Consumer goods 0 8 15 21 25 27 Refer to the above tables. Suppose that resources in North Cantina and South Cantina are identical in quantity and quality. We can conclude that: O South Cantina has better technology than North Cantina in producing both capital and consumer goods. O North Cantina has better technology than South Cantina in producing both capital and consumer goods. O North Cantina is growing more rapidly than South Cantina. O North Cantina has better technology than South Cantina in producing consumer goods.Agraph showing bicycles and computers. A 14 CO Bicycles 5 0'5 '0 0 2 4 6 8 10 Computers Refer to the above diagram. The movement down the production possibilities curve from point A to point E suggests that the production of: O computers, but not bicycles, are subject to increasing opportunity costs. 0 bicycles, but not computers, are subject to increasing opportunity costs. O both bicycles and computers are subject to constant opportunity costs O both bicycles and computers are subject to increasing opportunity costs A graph showing consumer goods and capital goods... N Consumer goods (a) (b) Capital goods Refer to the above production possibilities curves. Curve (a) is the current curve for the economy. The movement from curve (a) to curve (b) suggests: O a movement from unemployment to full employment. O an improvement in capital goods technology but not in consumer goods technology. O an improvement in consumer goods technology but not in capital goods technology. O a decline in the total output of this society.A graph showing war goods ("guns") and civilian goods ("butter")... b d War goods ("guns") a C Civilian goods ("butter") Refer to the above production possibilities curve. At the onset of World War II the Soviet Union's economy was already at full employment. Its economic adjustment from peacetime to wartime can best be described by the movement from point: O c to point b. O b to point c. O a to point b. O c to point d.A graph showing bread and tractors.. A 20 B 16 C .......... 12 Bread D 8 4 E 0 1 2 3 4 Tractors Refer to the above diagram. Starting at point A, the opportunity cost of producing each successive unit of tractors is: O a constant 2 units of bread. O 2, 4, 6, and 8 units of bread. O 8, 6, 4, and 2 units of bread. O the reciprocal of the output of tractors.A graph bicycles and computers... 14 A B 12 10 C G 8 Bicycles 6 D 4 2 E 0 2 4 6 8 10 Computers Refer to the above diagram. The combination of computers and bicycles shown by point F: O is unattainable, given currently available resources and technology. O is attainable, but entails economic inefficiency. O is irrelevant because it is inconsistent with consumer preferences. O suggests that opportunity costs are constant.Production possibilities tables for two countries, North Cantina and South Cantina: North Cantina Production possibilities (alternatives) A C D E F Capital goods 5 4 3 2 1 0 Consumer goods 0 10 18 24 28 30 South Cantina Production possibilities (alternatives) A B C D E F Capital goods 5 4 3 2 0 Consumer goods 0 8 15 21 25 27 Refer to the above tables. If South Cantina is producing at production alternative D, the opportunity cost of the third unit of capital goods is: O 3 units of consumer goods. O 4 units of consumer goods. O 5 units of consumer goods. O 6 units of consumer goods.A graph showing bread and tractors... A 20 B 16 C 12 Bread D 8 4 E 0 1 2 3 4 Tractors O a constant 8 units of tractors. O a constant 6 units of tractors. O 1/8. 1/6, 1/4, and 1/2units of tractors. O 1/2, 1/4, 1/6, and 1/gunits of tractors.(The following economy produces two products.) Production Possibilities Table Refer to the above table. A change from possibility C to B means that: O '1 unit of steel is given up to get 75 units of wheat. O 2 units of steel are given up to get 75 units of wheat. O 1 unit of steel is given up to get 15 more units of wheat. O 2 units of steel are given up to get 15 more units of wheat. A graph showing war goods ("guns") and civilian goods ("butter").... b War goods ("guns") a C Civilian goods ("butter") Refer to the above production possibilities curve. At the onset of World War II Canada had large amounts of idle human and property resources. Its economic adjustment from peacetime to wartime can best be described by the movement from point: O c to point b. O b to point c. O a to point b. O c to point d.A graph showing bicycles and computers.. 14 A B 12 10 C G 8 F Bicycles 6 D 4 2 E 0 2 4 6 8 10 Computers Refer to the above diagram. If society is currently producing 9 units of bicycles and 4 units of computers and it now decides to increase computer output to 6, the cost: O will be 4 units of bicycles. O will be 2 units of bicycles O will be zero because unemployed resources are available. O of doing so cannot be determined from the information given.Production possibilities tables for two countries, North Cantina and South Cantina: North Cantina Production possibilities (alternatives) A B C D E F Capital goods 5 4 3 2 1 0 Consumer goods 0 10 18 24 28 30 South Cantina Production possibilities (alternatives) A B C D E Capital goods 5 4 3 2 1 0 Consumer goods 0 8 15 21 25 27 Refer to the above tables. The opportunity cost of the fifth unit of capital goods: O is higher in North Cantina than in South Cantina. O is the same in North Cantina and South Cantina. O is lower in North Cantina than in South Cantina. O cannot be determined from the information provided