Given Freedom of Movement for Both Goods and Resources, If

question 159

Multiple Choice

Given freedom of movement for both goods and resources, if Florida producers specialize in oranges and Georgia producers specialize in peaches, then it would be reasonable to conclude that

• A) the opportunity cost of growing oranges is higher in Florida than in Georgia.
• B) Georgia has a comparative advantage in producing peaches.
• C) Florida has a comparative advantage in producing peaches.
• D) total output will be expanded when Georgia allocates more resources to producing oranges and Florida allocates more resources to producing peaches.

---

Definitions:

Social Media

Online platforms and technologies that enable users to create, share content, or participate in social networking.

Communication Tool

A medium or channel through which information or messages are transmitted to target audiences.

Eco-efficiency

Achieving economic efficiency in business while minimizing negative environmental impacts.

Environmental Cost Leadership

A business strategy focused on becoming the market leader by implementing cost-saving environmental practices, thus offering competitively priced goods or services while minimizing ecological impacts.