\[\begin{array} { | c | c | c | c | } \hline \begin{array} { c } \text { Production } \\ \text { point } \end{array} & \begin{array} { c } \text { Pizza } \\ \text { produced } \end{array} & & \begin{array} { c } \text { CDs } \\ \text { produced } \end{array} \\ \hline A & 0 & \text { and } & 42 \\ \hline B & 4 & \text { and } & 40 \\ \hline C & 8 & \text { and } & 36 \\ \hline D & 12 & \text { and } & 30 \\ \hline E & 16 & \text { and } & 22 \\ \hline F & 20 & \text { and } & 12 \\ \hline G & 24 & \text { and } & 0 \\ \hline \end{array}\] -The table above lists seven points on the production possibilities frontier for pizza and CDs.Graph the PPF.What is the opportunity cost of producing the first four pizzas? What is the opportunity cost of producing the 10th pizza.What is the opportunity cost of producing the first 12 CDs? What is the opportunity cost of producing the 26th CD?

@#IMG-DLM& The PPF graph is shown above.The opport

Country A Country B \[\begin{array} { | c | c | c | c | } \hline \begin{array} { c } \text { Good } X \\ \text { (units of } X \text { ) } \end{array} & \begin{array} { c } \text { Good } Y \\ \text { (units of } Y \text { ) } \end{array} & \begin{array} { c } \text { Good } X \\ \text { (units of } X \text { ) } \end{array} & \begin{array} { c } \text { Good } Y \\ \text { (units of } Y \text { ) } \end{array} \\ \hline 0 & 16 & 0 & 12 \\ \hline 2 & 12 & 2 & 9 \\ \hline 4 & 8 & 4 & 6 \\ \hline 6 & 4 & 6 & 3 \\ \hline 8 & 0 & 8 & 0 \\ \hline \end{array}\] -In the table above,country B is producing 4 units of X and 6 units of Y.For country B,the opportunity cost of producing an additional unit of Y is

A) 1/2 unit of X per unit of Y. B) 2/3 unit of X per unit of Y. C) 2 units of X per unit of Y. D) 3 units of X per unit of Y. A) 1/2 unit of X per unit of Y. B) 2/3 unit of X per unit of Y. C) 2 units of X per unit of Y. D) 3 units of X per unit of Y.

\[\begin{array} { | c | c | c | } \hline \text { Point } & \begin{array} { c } \text { Production } \\ \text { of } X \end{array} & \begin{array} { c } \text { Production } \\ \text { of } Y \end{array} \\ \hline a & 0 & 40 \\ \hline b & 4 & 36 \\ \hline c & 8 & 28 \\ \hline d & 12 & 16 \\ \hline e & 16 & 0 \\ \hline \end{array}\] -Refer to the table above,which gives five points on a nation's PPF.As we increase the production of X,

A) the output of Y increases. B) unemployment increases. C) the opportunity cost of each new unit of X increases. D) the opportunity cost of each new unit of X decreases. A) the output of Y increases. B) unemployment increases. C) the opportunity cost of each new unit of X increases. D) the opportunity cost of each new unit of X decreases.

\[\begin{array} { | c | c | c | } \hline & \begin{array} { c } \text { Don's production } \\ \text { possibilities } \end{array} & \begin{array} { c } \text { Bob's production } \\ \text { possibilities } \end{array} \\ \hline \text { Pens } & 10 & 5 \\ \hline \text { Pencils } & 20 & 15 \\ \hline \end{array}\] -The above table shows the number of pencils or pens that could be produced by Don and Bob in an hour.This schedule shows that

A) Don has an absolute advantage in the production of pencils, and Bob has an absolute advantage in the production of pens. B) Bob has an absolute advantage in the production of pencils, and Don has an absolute advantage in the production of pens. C) Don has a comparative advantage in the production of both pencils and pens. D) Bob has a comparative advantage in the production of pencils. A) Don has an absolute advantage in the production of pencils, and Bob has an absolute advantage in the production of pens. B) Bob has an absolute advantage in the production of pencils, and Don has an absolute advantage in the production of pens. C) Don has a comparative advantage in the production of both pencils and pens. D) Bob has a comparative advantage in the production of pencils.