Why are the bolded answers correct?

t ' .1. The equiiibrium' price of a good increases but the equilibrium quantity does not change. The most likely cause was that the demand and supply for this good changed in which of the following ways? M A. increase increase B. Decrease decrease C. Decrease increase D. increase decrease Production Possibilities (alternatives! A B c D E F Capital Goods'151412950 Consw'ner Goods 0 6 11_ 15 18 20 2. If the main goal of an economy was a larger increase in the economy's PFC. it should choose to produce at: A. Alternative B 8. Alternative C C. Alternative E D. Alternative F 3. The opportunity cost to produce a car in Newport is 15 hikes and the opportunity cost to produce a car in Saratoga is 30 ' bikes. If Newport and Saratoga decide to specialize and trade 1 car for 20 bikes A. Newoort will gain 5 bikes per car and - Saratoga will lose 10 bikes per car. 3. Newport will lose 5 bikes per car and Saratoga will gain 10 bikes per car. C. Newport will lose 5 bikes-per car and Saratoga will lose 10" bikes per car. D.- Newport will gain 5 bikes per car and Saratoga wilt gain 10 bikes 4. In Argentina they can produce 1 unit of beefin 4 labor hours and 1 unit of wheat in B labor hours. in Brazil they can produce 1 unit of beef in; labor hours and 1 unit of wheat in 6 labor hours. Using the principle of comparative advantage A. Argentina should produce both beef and wheat B. Brazil should produce both beef and wheat C. Brazil should produce wheat and Argentina should produce beef D. Argentina should produce wheat and Brazil should produce beef 30 50 Blueberry pies 5. On the production possibilities curve above. what is the opportunity cost of producing 25 apple pies? A. 15 apple pics 3. 20 blueberry pies C. 30 blueberry pies D. 50 blueberry pies