A statement that argues that "if taxes on gasoline increase, gasoline consumption will decrease" is an example of what kind of statement?

The following graph shows the production possibilities curve for the economy with only two members, Silvia and Art. Silvia can produce either 50 pounds of beef or 2 computers per week, and Art can produce 100 pounds of beef or 1 computer per week. Both of them work 40 weeks per year.Art's opportunity cost of producing one computer is ________ pounds of beef.

A. 1/50 B. 50 C. 1/100 D. 100

Refer to the information provided in Figure 2.4 below to answer the question(s) that follow. Figure 2.4According to Figure 2.4, Point F

A. is efficient and attainable. B. cannot be produced with the current state of technology. C. represents underallocation of resources. D. represents what the people want.