If the Slopes of the Production Possibility Frontiers Involving Sugar

question 242

Multiple Choice

If the slopes of the production possibility frontiers involving sugar and rice in countries A and B are equal

• A) the opportunity cost of producing sugar is less in Country A.
• B) the opportunity cost of producing rice is less in Country B.
• C) specialization does not benefit either country.
• D) each country will produce identical quantities of sugar and rice.

---

Definitions:

Barriers to Adoption

Factors or obstacles that prevent potential customers from adopting a new product, service, or technology.

Risk

The potential for losing something of value, which can be financial, physical, emotional, or otherwise, often assessed in terms of likelihood and impact.

Value Barrier

An obstacle that prevents a customer from recognizing or accepting the value in a product or service.

Usage Barrier

Obstacles that prevent or discourage customers from using a product or service, which can include lack of awareness, accessibility issues, or complexity.