Table 3-5 Assume That England and Spain Can Switch Between Producing Cheese

question 273

Multiple Choice

Table 3-5
Assume that England and Spain can switch between producing cheese and producing bread at a constant rate.

-Refer to Table 3-5.The opportunity cost of 1 unit of bread for England is

• A) 1/4 unit of cheese.
• B) 1/4 hour of labor.
• C) 4 units of cheese.
• D) 4 hours of labor.

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Definitions:

NADPH

Nicotinamide adenine dinucleotide phosphate, a coenzyme involved in anabolic reactions, such as lipid and nucleic acid synthesis, by providing the reducing power.

Photosynthesis

The method through which green plants and certain other life forms utilize sunlight to produce nutrients from carbon dioxide and water.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of all known living organisms.

Ribulose Bisphosphate (RuBP)

A five-carbon sugar involved in the carbon fixation process of photosynthesis, acting as a substrate for the enzyme RuBisCO.