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Figure 2.7 Figure 2.7 Shows the Production Possibility Frontiers for Pakistan and Possibility

question 186

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Figure 2.7
Figure 2.7     Figure 2.7 shows the production possibility frontiers for Pakistan and Indonesia. Each country produces two goods, cotton and cashews. -Refer to Figure 2.7. What is the opportunity cost of producing 1 kilogram of cashews in Indonesia? A) 3/8 of a bolt of cotton B) 5/8 of a bolt of cotton C) 2 2/3 bolts of cotton D) 320 bolts of cotton
Figure 2.7 shows the production possibility frontiers for Pakistan and Indonesia. Each country produces two goods, cotton and cashews.
-Refer to Figure 2.7. What is the opportunity cost of producing 1 kilogram of cashews in Indonesia?


Definitions:

Means of Production

Refers to the facilities, resources, and tools used to produce goods and services, which in Marxist theory are owned by the capitalist class.

Bisexual

An individual who is attracted to both men and women.

Homophobia

Prejudice, fear, or dislike directed against people who are homosexual or perceived to be homosexual.

Gender Role Socialization

The process by which individuals learn the gender norms and behaviors expected of them by society through various agents such as family, schools, media, and peers.

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