The Graph Shows the Production Possibilities Curves for Two Hypothetical

question 72

Multiple Choice

The graph shows the production possibilities curves for two hypothetical nations, Orin and Pohl, which each make two hypothetical products, jaxs and keps. Which of the following statements is
Correct?

• A) Orin has a comparative advantage in both jaxs and keps.
• B) Pohl has a comparative advantage in jaxs.
• C) The opportunity cost of making jaxs is lower in Orin than in Pohl.
• D) Orin is more efficient than Pohl.

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Definitions:

Open Source

Pertaining to software for which the original source code is made freely available and may be redistributed and modified.

Logistics

The detailed organization and implementation of a complex operation, often referring to the commercial transportation and coordination of goods.

General Report

A broad document detailing the overall status, performance, or findings concerning a specific subject or period.

Original Goals

The initial objectives or aims that were established at the beginning of a project or activity, serving as the foundational targets for the work.