In order to increase tax revenue, the government of Quorta decides to impose an excise tax. Which of the following goods should it tax?

In the above figure, the opportunity cost of moving from point D to point E is

A) 75 guitars. B) 55 guitars. C) 100 ukuleles. D) 100 guitars.

"The alarm went off, the sun rose, and I had to make a choice; microeconomics class or sleep longer.". The scarce resource in this case is

a. time b. logical ability c. textbooks d. alarm clocks e. sunshine