Farmer brian has 3 acres of land which he farms efficiently. each acre can support 10 apple trees. however the 3 acres differ in their ability to support orange trees. he can grow 30 orange trees on the best land, 20 orange trees on the ok land, and 10 orange trees on the bad land. if he initially has his land split between apples and oranges (1.5 acres growing apple trees and 1.5 acres growing orange trees), what would be the opportunity cost of growing another apple tree? a. 1 orange tree b. 2 orange trees c. 3 orange trees d. 1/2 of an orange tree e. 1/3 of an orange tree f. none of the answers is correct

What are ways individuals may reduce their total education and training costs?

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)