Given the Following Production Possibilities Schedules, It Can Be Seen

question 169

Multiple Choice

Given the following production possibilities schedules, it can be seen that:

• A)Brazil has a comparative advantage in producing wine.
• B)Poland can produce more machines than Brazil.
• C)Brazil has a comparative advantage in producing machines.
• D)Poland can produce more of both goods than Brazil.

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and in our daily lives through devices, processes, and systems.

Cross-Pollinated Seeds

Seeds that result from the transfer of pollen from the flower of one plant to the flower of another plant of the same species.

Scientific Theory

A well-substantiated explanation of some aspect of the natural world that is acquired through the scientific method and repeatedly tested and confirmed through observation and experimentation.

Biodiversity

The variety and variability of life forms within a given ecosystem, biome, or on the entire Earth, important for the stability and resilience of ecosystems.