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

question 93

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 gained from producing at point L rather than point K?


Definitions:

Illegal Immigrants

Individuals who enter or reside in a country without proper authorization or have overstayed their visa.

Lower Costs

A reduction in the expenses associated with producing or acquiring goods and services.

Welfare System

A government program designed to support individuals and families in need through financial aid, healthcare, and social services.

Benefits

Advantages or gains provided by a product, service, or activity to an individual, group, or society.

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