The data below show the total production (in millions)of the only two goods produced in the countries of Carleton and Cumbria.
a)What is the opportunity cost of a binocular in Carleton?
b)What is the opportunity cost of a camera in Cumbria?
c)If,before trade,each country was devoting half its resources to producing each product,what is the total amount they were both producing?
d)If the two countries were to specialize in producing the product they do best,what would be the total amount they could produce?
e)What are the total gains as a result of specialization?
Definitions:
Maternal Attention
The focus, care, and nurturing behavior a mother provides to her offspring, crucial for emotional and physical development.
Hippocampus
A key structure of the brain involved in memory formation and spatial navigation located in the temporal lobe.
Temporal Cortex
A region of the cerebral cortex located at the sides of the brain, involved in processing auditory information and is important in memory and emotion.
Val 66Met
A polymorphism in the gene for brain-derived neurotrophic factor (BDNF) affecting human brain and behavior.
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