-Refer to the Above Figure

question 270

Multiple Choice

-Refer to the above figure. Mario is self-sufficient and so is Mia. Each produces 6 dishes of pasta and 4 pizzas. Mario and Mia decide to specialize and trade. After they have specialized and traded, compared to the initial situation, Mia's opportunity cost of pasta has ________ and Mario's opportunity cost of a pizza has ________.

• A) decreased; decreased
• B) decreased; increased
• C) increased; increased
• D) increased; decreased

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Definitions:

Portugal's Legalization

Refers to Portugal's drug policy reform in 2001, decriminalizing the use of all drugs for personal use to combat drug abuse and related issues.

Private Use

The utilization of goods, services, or information for personal, non-commercial purposes.

Chemical Properties

Characteristics of a substance that become evident during or after a chemical reaction, defining its chemical composition and reactivity.

Heroin

An opioid drug synthesized from morphine that is used illicitly for its euphoric effects, often leading to addiction and health problems.