Which one of the factors of production originates as an output from the production process, and is subsequently used as an input into the production process?

If the economy enters a recession

A) frictional unemployment increases. B) structural unemployment decreases. C) cyclical unemployment increases. D) the number of workers on layoff decreases.

Bella can produce either a combination of 60 silk roses and 80 silk leaves or a combination of 70 silk roses and 55 silk leaves. If she now produces 60 silk roses and 80 silk leaves, what is the opportunity cost of producing an additional 10 silk roses?

A) 2.5 silk leaves B) 10 silk leaves C) 25 silk leaves D) 55 silk leaves