Examlex

Solved

Figure: Upperia's Production and Consumption (Figure: Upperia's Production and Consumption)

question 156

Multiple Choice

Figure: Upperia's Production and Consumption Figure: Upperia's Production and Consumption   (Figure: Upperia's Production and Consumption)  The graph shows Upperia's international trading pattern.Point P is production with trade, And point C is consumption with trade.What is the international price of Shoes (shirts/pair of shoes) ? A) 125/80 shirts per unit of pair of shoes B) 4/3 shirts per unit of pair of shoes C) 5/4 shirts per unit of pair of shoes D) 3/4 shirt per unit of pair of shoes (Figure: Upperia's Production and Consumption) The graph shows
Upperia's international trading pattern.Point P is production with trade,
And point C is consumption with trade.What is the international price of
Shoes (shirts/pair of shoes) ?


Definitions:

Conspicuous Consumption

The spending of money on luxury goods and services to publicly display economic power—the social status of the consumer.

Ecological Adaptive

The process by which organisms adjust to changes in their environment to maintain or improve their survival prospects.

Domesticated

Refers to animals or plants that have been modified from their natural states to be of use to humans through selective breeding.

Cultural Adaptation

The process by which individuals or groups adjust to new cultural environments, often involving changes in practices, norms, and values.

Related Questions