Examlex

Solved

Table 9-12 Production and

question 178

Multiple Choice

Table 9-12
Production and
Consumption Production
Without Trade With Trade
Table 9-12 Production and Consumption Production Without Trade With Trade    Estonia and Morocco can produce both swords and belts. Table 9-12 shows the production and consumption quantities without trade, and the production numbers with trade. -Refer to Table 9-12. Prior to trade, what was the opportunity cost to produce 1 belt in Morocco? A)  1/2 of a sword B)  4/5 of a sword C)  1.25 swords D)  2 swords Estonia and Morocco can produce both swords and belts. Table 9-12 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-12. Prior to trade, what was the opportunity cost to produce 1 belt in Morocco?


Definitions:

Neo-Freudian

Pertaining to theorists who were influenced by and extended Freud's work, typically placing more emphasis on social and cultural factors than on innate biological drives.

Denial

A psychological defense mechanism in which confrontation with a personal problem or with reality is avoided by denying the existence of the problem or reality.

Painful Realities

Harsh truths or facts that are difficult to accept or cause emotional distress.

Defense Mechanism

Psychological strategies used unconsciously by individuals to protect themselves from anxiety and to cope with reality.

Related Questions