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Table 13 Shows the Hypothetical Trade-Off Between Different Combinations of Brushes

question 14

Multiple Choice

Table 1.3 shows the hypothetical trade-off between different combinations of brushes and combs that might be produced in a year with the limited capacity for Country X,ceteris paribus.Complete the table by calculating the required opportunity costs for brushes and combs.  Combination  Number  of  Brushes  Opportunity Cost  of Brushes in  Terms  of Combs  Number  of Combs  Opportunity Cost  of Combs in Terms  of Brushes  J 04K103L172M211N230\begin{array}{|c|c|c|c|c|c|}\hline \text { Combination } & \begin{array}{c}\text { Number } \\\text { of } \\\text { Brushes }\end{array} & \begin{array}{c}\text { Opportunity Cost } \\\text { of Brushes in } \\\text { Terms } \\\text { of Combs }\end{array} & \begin{array}{c}\text { Number } \\\text { of Combs }\end{array} & \begin{array}{c}\text { Opportunity Cost } \\\text { of Combs in Terms } \\\text { of Brushes }\end{array} \\\hline \text { J } & 0 & & 4 \\\hline \mathrm{K} & 10 & & 3 \\\hline \mathrm{L} & 17 & & 2 \\\hline \mathrm{M} & 21 & & 1 \\\hline \mathrm{N} & 23 & & 0 \\\hline\end{array}

Table 1.3
Production Possibilities for Brushes and Combs On the basis of your calculations in Table 1.3,what is the opportunity cost of producing at point M rather than point N?


Definitions:

Limits

Boundaries or constraints established to define acceptable behavior or actions within a specific context.

Empower

To give power or authority to; enabling individuals or groups to take control of their circumstances and achieve their own goals independently.

Children

Individuals in the early stages of life, typically from birth to puberty, who are developing physically, mentally, and socially.

Partnership

A collaborative arrangement between two or more parties who work together to achieve common goals or undertake specific tasks.

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