Asked by
gilgen gentle
on Dec 08, 2024
Verified
Related to the Economics in Practice on page 26: How did the introduction of the microwave oven in 1960 affect the market for frozen food?
A) It encouraged people to leave the work force by making cooking easier and less time-consuming.
B) It reduced the opportunity cost of eating frozen food by decreasing the amount of time required to prepare frozen meals.
C) It increased the financial cost of alternative methods of food preparation, such as conventional ovens.
D) It made frozen foods more appealing by increasing the variety of meals that could be frozen and reheated.
Microwave Oven
A kitchen appliance that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range.
Frozen Food
Food that has been subjected to freezing and is stored at extremely low temperatures to preserve its freshness, taste, nutritional value, and shelf life.
- Investigate the impact of shifting consumer desires and unforeseen events (like conflicts) on an economy's production capabilities.
Verified Answer
CS
Learning Objectives
- Investigate the impact of shifting consumer desires and unforeseen events (like conflicts) on an economy's production capabilities.