Exhibit 28-3 Alternate Outputs from One Day's Labor Input

question 137

Multiple Choice

Exhibit 28-3 Alternate Outputs from One Day's Labor Input:
United States: 12 bushels of wheat or 3 yards of textiles.
Great Britain: 3 bushels of wheat or 12 yards of textiles.
Refer to Exhibit 28-3.The opportunity cost of one bushel of wheat in Great Britain is

• A) 1 yard of textiles.
• B) 3 yards of textiles.
• C) 12 yards of textiles.
• D) 4 yards of textiles.

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Definitions:

Traits

Enduring characteristics or qualities that define an individual's personality.

Social-cognitive Interaction

The process by which individual cognitive processes are influenced by social context and interactions.

Nature-nurture Theory

A theoretical framework that debates whether human behavior and traits are predetermined by genetics (nature) or influenced by environment and upbringing (nurture).

Heritability

A measure in genetics that indicates how much of the variation in a particular trait within a population can be attributed to genetic differences among individuals in that population.