SCENARIO: CHILE AND ARGENTINA

question 55

Multiple Choice

SCENARIO: CHILE AND ARGENTINA
Chile and Argentina each produce jellybeans and peanut butter, using
Labor as their only resource.Each country has 1,000 hours of labor.In
Chile, an hour produces a pound of jellybeans and 2 hours produce a
Pound of peanut butter.In Argentina, an hour produces a pound of
Jellybeans and 3 hours produces a pound of peanut butter.When they do
Not trade with each other, Chile consumes 600 pounds of jellybeans and
200 pounds of peanut butter, and Argentina consumes 400 pounds of
Jellybeans and 200 pounds of peanut butter.
Reference: Ref 2­10
(Scenario: Chile and Argentina) In order for Chile to gain from trade, the
Price of jellybeans must be less than:

• A)2 pounds of peanut butter per pound of jellybeans.
• B)3 pounds of peanut butter per pound of jellybeans.
• C)1/3 pound of peanut butter per pound of jellybeans.
• D)1/2 pound of peanut butter per pound of jellybeans.

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Definitions:

Hypothalamus

A region of the brain that regulates vital bodily functions, including temperature, hunger, thirst, fatigue, sleep, and circadian rhythms.

Sleep State

A natural, reversible state of reduced responsiveness to external stimuli and relative inactivity, accompanied by complex physiological processes essential for health.

Brain-Wave Activity

The patterns of neuronal electrical oscillations in the brain, detectable with technologies like EEG, associated with different states of consciousness, sleep, and cognitive processes.

Neck Muscle Activity

The movements and contractions of muscles in the neck region, which support the head and are involved in movement, posture, and expressing emotions.