Below Is Production Possibilities Data for the Countries of Mental

question 82

Multiple Choice

Below is production possibilities data for the countries of Mental and Etheric.

-Refer to the information above to answer this question.Suppose that each country was producing combination D before trade but then specializes in the product in which it has a comparative advantage.What would be the total gains from trade?

• A)40 million units of rice cakes.
• B)100 million units of rice cakes.
• C)60 million units of soya milk and 40 million units of rice cakes.
• D)40 million units of soya milk and 60 million units of rice cakes.
• E)20 million units of soya milk.

---

Definitions:

Triglyceride Levels

A measure of the amount of triglycerides (a type of fat) present in your blood, which can indicate heart health and risk for certain diseases.

Expected Value

The predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.

Aluminum Concentrations

The amount of aluminum present in a substance, often measured in terms of mass per unit volume or mass per unit weight.

Wilcoxon Signed Rank Test

This statistical method, which is non-parametric, is employed to assess differences in the population mean ranks by comparing either two related or matched samples, or analyzing repeated measurements on one sample.