Consider the Following Information, and Assume That Opportunity Costs Are

question 258

Multiple Choice

Consider the following information, and assume that opportunity costs are constant: On one hand, residents of Country A can produce more corn in a year than residents of Country B, but they can produce computers at a lower opportunity cost than residents of country B. On the other hand, residents of country B can produce more computers in a year than residents of Country A, but they can produce corn at a lower opportunity cost than residents of country A. It can be concluded that residents of

• A) Country A should produce corn and trade it for computers produced in Country B.
• B) Country B should produce computers and trade them for corn produced in Country B.
• C) Country A should produce computers and trade them for corn produced in Country B.
• D) both countries should choose not to trade.

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Definitions:

Gray Matter

Central nervous system tissue consisting of neuron axon terminals, cell bodies, dendrites, and some neuroglia.

Highly Folded

Describes structures that are extensively folded to increase surface area, commonly seen in membranes or organ tissues.

Neurotransmitters

Chemical messengers that transmit signals across a chemical synapse, from one neuron (nerve cell) to another target neuron, muscle cell, or gland cell.

Axon Terminal

It is the end portion of an axon that makes synaptic contacts with another nerve cell or with an effector cell.