Use the Following Scenario to Answer the Next Questions

question 147

Multiple Choice

Use the following scenario to answer the next questions:
Natasha can produce either 5,000 pounds of cheese or 20 houses per year. Jameson can produce either 5,000 pounds of cheese or 10 houses per year.
-Jameson's opportunity cost of producing one pound of cheese is ________ house(s) .

• A) 1/500 of a
• B) 1/250 of a
• C) 1/10 of a
• D) 250
• E) 500

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Definitions:

Urban Sociologists

Scholars who study the social, cultural, economic, and political aspects of urban environments and urban life.

Sex Ratio

The proportion of males to females in a population, often measured at birth, but also considered at different stages of life.

Total Fertility Rate

The total fertility rate measures the average number of children a woman would have over her lifetime, based on current birth rates, and is a critical indicator in demographic studies.

Kerala

A state located in the southwestern region of India, known for its backwaters, palm-lined beaches, and diverse culture and language.