Table 3-31 ​

question 424

Multiple Choice

Table 3-31
​
-Refer to Table 3-31. For the farmer, 12.8 pounds of

• A)meat is the opportunity cost of 10.6 pounds of potatoes.
• B)meat is the opportunity cost of 16.0 pounds of potatoes.
• C)potatoes is the opportunity cost of 6.8 pounds of meat.
• D)potatoes is the opportunity cost of 8.0 pounds of meat.

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Definitions:

Per Capita GDP

A measure of the total economic output of a country divided by the number of people, reflecting the average economic performance per person.

Natural Capital Degradation

The decline in the quality and quantity of natural resources such as air, water, and soil due to human activities or natural processes.

Economic Development

The process of improving the economic well-being and quality of life for a community, by increasing incomes and reducing poverty.

Pollution Cleanup

The removal of pollutants from the environment, including soil, water, and air, to reduce their harmful effects on human health and ecosystems.