Table 196
Production and
Consumption Production
Without Trade with Trade

question 64

Multiple Choice

Table 19.6
Production and
Consumption Production
Without Trade with Trade
$$\begin{array} { | l | l | l | l| l | } \hline & \text { Clerks } & \text { Hats } & \text { Clerks } & \text { Hats } \\\hline \text { Denmark } & 900 & 150 & 1200 & 0 \\\hline \text { Belize } & 150 & 100 & 0 & 400 \\\hline\end{array}$$ Denmark and Belize can produce both clocks and hats. Table 19.6 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19.6.Prior to trade,what was the opportunity cost to produce one clock in Denmark?

• A) 1/6 of a hat
• B) 2/3 of a hat
• C) 1.5 hats
• D) 6 hats

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Definitions:

Twin Studies

Research studies that compare the similarities and differences between monozygotic (identical) and dizygotic (fraternal) twins to understand genetic and environmental influences.

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Genetic Engineering

The manipulation of an organism's genes using biotechnology to create desired phenotypes or to eliminate undesired traits.

Psychological Disorder

A term that identifies mental health conditions marked by alterations in thinking, mood, or behavior associated with distress or impaired functioning.