the larger the opportunity cost of producing an extra unit of good A.

smaller the opportunity cost of producing an extra unit of good A.

the smaller the quantity of resources being devoted to the production of good A.

the larger the quantity of resources being devoted to the production of good A.

8 units of Y.

1.33 units of Y.

3.5 units of Y.

16 units of Y.

The government delivers all necessities to a citizen.

A son that takes over the family business.

A shopper that goes out to buy something she likes.

The government collects tax and only provides public goods.

summed value of all her alternative activities

summed value of all her alternative activities minus the value of the chosen activity

value of the next most valuable alternative activity

value of the next most valuable alternative activity minus the value of the chosen activity

traditional system

command system

mixed economy

market system

both capital accumulation and a decrease in unemployment.

decreasing the output of consumer goods in order to boost the output of capital goods.

a decrease in unemployment.

technological change.

"what"

"defence"

"how"

"for whom"

the minimum wage is too low; college students deserve a raise

cigarette sales should be made illegal in order to reduce the incidence of cancer

driving speeds should be lowered so that fewer accidents will occur

when per capita income falls, fewer meals are consumed at restaurants