Identify the level of the IFRS Literature Hierarchy that each item belongs to.
Definitions:
Production Possibilities Frontiers
A curve depicting the maximum viable combinations of two products or services that an economy can produce with given resources and technology.
Opportunity Cost
The expense of not choosing the second-best option available during a decision-making process.
Rice
A staple food grain consumed worldwide, known for its versatility and ability as a primary source of nutrition for a large portion of the world's population.
T-Shirts
Clothing items made of fabric, typically featuring short sleeves and a round neckline, known for their staple position in casual wear.
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