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Bicycles 0 2 4 6 8 10 Computers Refer to the diagram. if society is currently producing 5 units of bicycles and 6 units of
Bicycles 0 2 4 6 8 10 Computers Refer to the diagram. if society is currently producing 5 units of bicycles and 6 units of computers and it now decides to increase computer output to 8, the cost Multiple Choice 0 will be 5 units of bicycles. will be 2 units of bicycles. will be zero because unemployed resources are available. of doing so cannot be determined from the information given. 0 O O Answer the question on the basis ofthe data given in the following production possibilities table. _ Production Possibilities (Alternatives) nun-un m- n-n Refer to the table. If the economy is producing at production alternative El. the opportunity cost of the sixth unit of consumer goods will be approximately Multiple Choice 0 4 units of capital goods. 3 units of capital goods. LB of a unit of capital goods. \"4 of a. unit of capital goods. OOO Private perEi't'y' Multiple Choice 0 discourages cooperation because people don't want to part with what this}:r own. . does everything indicated in the other choices. O discourages innovation as people are often afraid to risk losing their own property. 0 encourages owners to maintain or improve their property.r to preserve or enhance value. Quantity of D m m a 4:. D 2 4 E 8 1D IQuantity.r oft: Refer to the budget line shown in the diagram- If the consumer's money income is $200, the Multiple Choice 0 prices of C and D cannot be determined. price of C is $5 and the price of D is $10. consumer can obtain a combination of 5 units of both C and D. price of C is $4 and the price of D is $212}. 30
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