Use the Following to Answer Question

question 43

Multiple Choice

Use the following to answer question:
-(Figure: The Production Possibility Frontiers for Jackson and Tahoe) Use Figure: The Production Possibility Frontiers for Jackson and Tahoe.In autarky,Jackson produces and consumes 30 head of cattle and 80 bushels of wheat,while Tahoe produces and consumes 80 head of cattle and 60 bushels of wheat.Assume each nation specializes completely,based on comparative advantage,and the price of 1 head of cattle equals the price of 2 bushels of wheat.If Jackson exports 120 bushels of wheat to Tahoe,Tahoe will export _____ head of cattle to Jackson.

• A)120
• B)60
• C)240
• D)200

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Definitions:

Alternatives

Different options or choices available to decision-makers in various contexts.

Social Needs

Fundamental human requirements for belonging, affection, acceptance, and friendship.

Collectivist Societies

Societies that emphasize the needs and goals of the group as a whole over the needs and wishes of each individual.

Need Levels

Hierarchical stages of needs proposed by psychologists, indicating that certain basic needs must be met before individuals can focus on higher-order psychological requirements.