(Table: Production Possibilities for Machinery and Petroleum) Look at the Table

question 39

Essay

(Table: Production Possibilities for Machinery and Petroleum) Look at the table Production Possibilities for Machinery and Petroleum.The table shows the number of units of machinery each country would have to forgo in order to produce additional petroleum, assuming constant costs at all levels of production.The opportunity cost in Mexico of producing 105 units of petroleum is
________ units of machinery.
A.35
B.70
C.90
D.160

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Definitions:

Entrepreneurship

The process of designing, launching, and running a new business, often characterized by innovation, risk-taking, and the pursuit of growth.

Intrapreneurship

The practice of developing a new venture within an existing organization to innovate or drive new product development.

Typical Entrepreneur

Often portrays an individual who is innovative, takes risks, and pursues opportunities for growth and development in business ventures.

Small Businesses

Entrepreneurial ventures or companies with a small number of employees and relatively low revenue, typically characterized by close customer relationships and local operations.