Table 2-9 Table 2-9 Shows the Number of Labor Hours

question 37

Multiple Choice

Table 2-9
Table 2-9 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.
-Refer to Table 2-9.What is Japan's opportunity cost of producing one wristwatch?

• A)0.04 pounds of rice
• B)4 pounds of rice
• C)25 pounds of rice
• D)40 pounds of rice

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Definitions:

Famine Relief

Famine relief refers to emergency measures and aid provided to areas or populations suffering from severe food shortages and starvation.

Population Growth

The increase in the number of individuals in a population, often measured as a rate over a specific period.

Urban Life

The characteristics, lifestyle, and social interactions that are typical of living in a city environment.

Louis Wirth

An influential American sociologist known for his work on urban sociology and the social structure of cities.