The Following Diagrams Show the Production Possibilities Boundaries for Austria

question 83

Multiple Choice

The following diagrams show the production possibilities boundaries for Austria and Switzerland,for the production of bicycles and shoes. FIGURE 32-2
-Refer to Figure 32-2.The diagrams illustrate that Switzerland

• A)has an absolute advantage in the production of bicycles.
• B)has a comparative advantage in the production of shoes.
• C)has an absolute advantage in the production of shoes.
• D)has a higher consumption of bicycles than Austria.
• E)has a comparative advantage in the production of bicycles.

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Definitions:

Yellow Bone Marrow

Yellow bone marrow is a type of bone marrow primarily composed of fat cells, found in the long bones of adults and functions as storage for fats.

Formed Elements

Cellular components of blood, including red blood cells, white blood cells, and platelets.

White Blood Cell

Immune system cells responsible for defending the body against infectious diseases and foreign substances.

Engulfing

The process by which cells absorb particles by enveloping them, typical in immune responses and nutrient intake.