Table 3-3 Assume That Zimbabwe and Portugal Can Switch Between Producing Toothbrushes

question 420

Multiple Choice

Table 3-3
Assume that Zimbabwe and Portugal can switch between producing toothbrushes and producing hairbrushes at a constant rate.

-Refer to Table 3-3.Suppose Zimbabwe decides to increase its production of toothbrushes by 10.What is the opportunity cost of this decision?

• A) 0.3 hairbrush
• B) 3 hairbrushes
• C) 30 hairbrushes
• D) 100 hairbrushes

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Definitions:

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A group of people living in the same place or having a particular characteristic in common, often sharing a sense of identity and belonging.

Social Development

The process by which individuals acquire the values, behaviors, and knowledge necessary to function effectively in society.

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a wide-scale approach to understanding systems or phenomena, often involving society or economies as a whole.

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Comprehensive programs or actions designed to address significant issues affecting large populations or communities.