Use the Following to Answer Questions

question 168

Multiple Choice

Use the following to answer questions:
Figure: PPF Mexico & United States
-(Figure: PPF Mexico & United States) Use the figure in which both Mexico and the United States each have 24 units of labor. The opportunity costs of producing one shirt are:

• A) one computer for Mexico and 1/6 of a computer for the United States.
• B) 1/6 of a computer for Mexico and one computer for United States.
• C) one computer for both Mexico and the United States.
• D) 1/6 of computer for both Mexico and the United States.

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Definitions:

Exploitation

The act of unfairly using someone or something for one’s own advantage or profit, often in an unethical or unjust manner.

Small Investors

Individuals who invest modest amounts of money in financial markets or ventures, lacking the significant resources of institutional investors.

Blue-sky Laws

State regulations designed to protect investors from securities fraud by requiring sellers of new issues to register their offerings and provide financial details.

State Securities Laws

Regulations established by individual states governing the sale and distribution of securities to protect investors against fraud.