Maximum Feasible Hourly Production Rates (in Tons) of EitherPizzas or Donuts Using All Available ResourcesProductCountry AlphaCountry BetaPizzas102Donuts1012Use the above table. Assuming constant opportunity costs, the opportunity cost of producing donuts in country Alpha is ________, and the opportunity cost of producing donuts in country Beta is ________.
A. 0.2 pizza; 1.67 donuts
B. 1 pizza; 6 donuts
C. 1 pizza; 0.17 donut
D. 10 donuts; 12 pizzas
Answer: C
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Which of the following statements is true?
A) Right-handed people typically earn more than left-handed people. B) People who drink alcohol typically earn more than people who do not drink. C) People who played sports in high school typically earn less than people who did not play sports. D) People regarded as beautiful typically earn no more than people who are ordinary looking.
A deficit on the current account:
A. normally causes a surplus on the capital and financial account. B. normally causes a deficit on the capital and financial account. C. has no relationship to the capital and financial account. D. means that a nation is making international transfers.