Assume Country a and Country B Each Have the Same

question 59

Multiple Choice

Assume Country A and Country B each have the same amount of resources with which to produce wheat and corn and they produce no other goods.The values in Table 17.2 represent the maximum amount of each good that can be produced.
Table 17.1 - Full-employment output of goods
-Based on the information in Table 17.2,the opportunity cost of producing 1 bushel of wheat in Country A is:

• A) 2/9 of a bushel of corn.
• B) 1/3 of a bushel of corn.
• C) 1/2 of a bushel of corn.
• D) 3 bushels of corn.

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Definitions:

Lophotrochozoa

A branch of the protostomes that includes the flatworms, nemerteans (proboscis worms), mollusks, annelids, and the lophophorate phyla.

Ecdysozoa

A branch of the protostomes that includes animals that molt, such as the rotifers, nematodes, and arthropods.

Protostomes

A group in the animal kingdom characterized by the mouth developing before the anus during embryonic development.

Coelom

A fluid-filled body cavity found in most multicellular animals that is lined by tissue derived from mesoderm.