Below are some production possibilities data for a selected Country.

Combinations	A	B	C	D	E
Apples	0	1	2	3	4
Vacuums	20	18	14	8	0

Refer to the information above to answer this question. Suppose this Country is currently producingcombination A. What is the opportunity cost of producing 4 units of Apples.

Select one:

a.Zero.

b.4 units of Vacuums.

c.5 units of Vacuums.

d.20 units of Vacuums.

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Below are some production possibilities data for a selected Country.

Combinations	A	B	C	D	E
Apples	0	1	2	3	4
Vacuums	20	18	14	8	0

Refer to the information above to answer this question. Suppose that selected Country is currently producingcombination B. How many Vacuums could be produced if the production of Apples was increased by 2?

Select one:

a.3 units of Vacuums.

b.8 units of Vacuums.

c.4 units of Vacuums.

d.14 units of Vacuums.

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Below are some production possibilities data for a selected Country.

Combinations	A	B	C	D	E
Apples	0	1	2	3	4
Vacuums	20	18	14	8	0

Refer to the information above to answer this question. Suppose this Country is currently producingcombinationD.What is the opportunity cost of producing an additional 10 units of Vacuums?

Select one:

a.1 unit of Apples.

b.2 units of Apples.

c.10 units of Apples.

d.18 units of Apples.

Which of the following refers to the concept of specialization?

Select one:

a.Different individuals value goods differently.

b.Some individuals are richer than others.

c.Different nations have different opportunity costs of producing goods.

d.Some nations are richer than others.

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The maximum production possible in Rome and in Cathay are as follows:

Rome	40 bread	Or	20 figs
Cathay	20 bread	Or	40 figs

If each country is self-sufficient (no trade) and eachallocates one half of its resourcesto producing each of the two products, what will be theoutputin each country?

Select one:

a.40 bread and 20 figs in Rome and 20 bread and 40 figs in Cathay.

b.40 bread and 0 figs in Rome and 20 bread and 0 figs in Cathay.

c.0 bread and 20 figs in Rome and 0 bread and 40 figs in Cathay.

d.20 bread and 10 figs in Rome and 10 bread and 20 figs in Cathay.

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The maximum production possible in Rome and in Cathay are as follows:

Rome	40 bread	Or	20 figs
Cathay	20bread	Or	40figs

If each country specializes in the production ofwhat it does best,what is the combined output?

Select one:

a.20 bread and 20 figs.

b.30 bread and 30 figs.

c.40 bread and 40 figs.

d.60 bread and 60 figs.