If Countries a and B Produce Only Either Rubber Bands

question 289

Multiple Choice

If countries A and B produce only either rubber bands or paper clips, their maximum outputs are shown in the accompanying production possibilities schedules.
$$\begin{array} { | c | c | c | } \hline \text { Country } & \text { Rubber Bands } & \text { Paper Clips } \\\hline A & 40 & 80 \\\hline B & 10 & 40 \\\hline\end{array}$$ In country A the opportunity cost of 1 paper clip is

• A) 2 rubber bands.
• B) 1 rubber band.
• C) \(1 / 2\) 1/2 rubber band.
• D) \(1 / 4\) 1/4 rubber band.

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Social Media

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Marketing

The action or business of promoting and selling products or services, including market research and advertising.

Cyber World

The digital landscape made up of interconnected networks, the internet, and digital communication technologies.

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