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Figure 3-2 Brazil's Production Possibilities Frontier

question 24

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Figure 3-2
Brazil's Production Possibilities Frontier Figure 3-2 Brazil's Production Possibilities Frontier   -Refer to Figure 3-2.If the production possibilities frontier shown is for two months of production,then which of the following combinations of peanuts and cashews could Brazil not produce in two months? A) 5 peanuts and 88 cashews B) 4 peanuts and 115 cashews C) 3 peanuts and 155 cashews D) 1 peanuts and 200 cashews
-Refer to Figure 3-2.If the production possibilities frontier shown is for two months of production,then which of the following combinations of peanuts and cashews could Brazil not produce in two months?


Definitions:

Consumption Bundles

Combinations of various goods and services that a consumer might purchase using their total available income.

Income

The monetary payment received for work or through investments, pensions, or social benefits, used by individuals or households to consume goods and services.

Marginal Utility

The increased enjoyment or value a buyer gets by consuming an extra unit of a merchandise or service.

Broccoli

A green vegetable from the cabbage family, known for its nutritional benefits and eaten either raw or cooked.

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