Figure 34-5 From the Graph in Figure 34-5 (Curves Show Output Per

question 125

Multiple Choice

Figure 34-5

From the graph in Figure 34-5 (curves show output per unit of labor input) , one can infer that

• A) in terms of TVs, computers are more expensive in China than Japan.
• B) in terms of computers, TVs are more expensive in China than Japan.
• C) China should produce more TVs and fewer computers.
• D) All of the above are correct.

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Definitions:

Federal Government

The national government of a federation, which holds the authority to govern the entire country, distinct from state or local governments within the federation.

State Government

The governing body of a state in a federal system, responsible for local legislation, administration, and execution of state laws.

Swimming

The act of propelling oneself through water using the limbs, often considered both a recreational activity and a competitive sport.

Federal Government

A system of government where powers are divided between a national (federal) government and local (state or provincial) governments.