elow is a production possibilities curve for a large tract of prairie farm land. Refer to the graph above to answer this question.If 150 units of rye are currently being produced,what is the cost of producing 50 more units of rye?

Select one:

a.25 units of wheat.

b.50 units of wheat.

c.100 units of wheat.

d.400 units of wheat.

e.Cannot be determined.

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Below is a production possibilities curve for a large tract of prairie farm land. Refer to the graph above to answer this question.If 300 units of rye are being produced, how many units of wheat are possible?

Select one:

a.200 units of wheat.

b.300 units of wheat.

c.600 units of wheat.

d.0 units of wheat.

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Below is a production possibilities curve for a large tract of prairie farm land. Refer to the graph above to answer this question.What is the opportunity cost of1 unit of rye?

Select one:

a.0.5 units of wheat.

b.2 units of wheat.

c.5 units of wheat.

d.$400.

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Technological improvement can be illustrated graphically by a rightward shiftin theproduction possibilities curve.

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True

False

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A production possibilities curve is agraphical representation of the various combinationsof outputthat arewantedby consumers.

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True

False