Figure 2-11 Figure 2-11 Shows the Production Possibilities Frontiers

question 340

Multiple Choice

Figure 2-11 Figure 2-11 shows the production possibilities frontiers for Pakistan and Indonesia. Each country produces two goods, cotton and cashews.
-Refer to Figure 2-11. What is the opportunity cost of producing 1 bolt of cotton in Indonesia?

• A) 3/8 of a pound of cashews
• B) 5/8 of a pound of cashews
• C) 2 2/3 pounds of cashews
• D) 120 pounds of cashews

---

Definitions:

Simple Effect

A statistical term that describes the effect of one factor at a specific level of another factor within an ANOVA test.

Marginal Mean

The average value of a variable across different levels of another variable, often used in the context of multivariate experiments and statistical analysis.

Men

Adult human males, often mentioned in socio-demographic and health-related research studies.

Means

Statistical measures that represent the average or central value of a data set by summing all the values and dividing by the number of values.