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The Figure Below Shows the Production Possibilities Frontiers for Rice

question 70

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The figure below shows the production possibilities frontiers for rice and T-shirts for two countries,Costa Rica and United States.According to the figure below,in Costa Rica,the opportunity cost of 1 ton of rice is:
The figure below shows the production possibilities frontiers for rice and T-shirts for two countries,Costa Rica and United States.According to the figure below,in Costa Rica,the opportunity cost of 1 ton of rice is:   A) 1/2 of a T-shirt. B) 3/4 of a T-shirt. C) 1 T-shirt. D) 11/2 T-shirts. E) 2 T-shirts.


Definitions:

High Energy Level

A personal attribute characterized by an abundant amount of physical and mental vigor, often deemed necessary for entrepreneurial success.

Sense of Urgency

A perception or feeling that immediate action is necessary, often to capitalize on an opportunity or avoid a threat.

Quest for Achievement

The drive or ambition to accomplish goals, success, or recognition in one's activities or endeavors.

Results

The outcomes or conclusions derived from actions, experiments, or processes, often used to determine the effectiveness or success of an endeavor.

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