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Output Per Hour Production and Production
of Work Consumption Without

question 42

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Output per hour Production and Production
of work Consumption without Trade with Trade
 Swords  Belts  Swords  Belts  Swords  Belts  Estonia 53100402000 Morocco 2260600120\begin{array}{|c|c|c|c|c|c|c|c|c|}\hline & \text { Swords } & \text { Belts } & &\text { Swords } & \text { Belts } && \text { Swords } & \text { Belts } \\\hline \text { Estonia } & 5 & 3 && 100 & 40 && 200 & 0 \\\hline \text { Morocco } & 2 & 2 & & 60 & 60 && 0 & 120 \\\hline\end{array}
Estonia and Morocco can produce both swords and belts.Each country has a total of 40 available labor hours for the production of swords and belts.Table 9-12 shows the output per hour of work,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 Estonia?


Definitions:

Poor Societies

Communities or nations with low levels of income, resources, and standards of living.

Opportunity Cost

The expense incurred by not selecting the second-best choice when deciding between different options.

Tattoo

A method of altering one's appearance by embedding ink, dyes, and pigments, which can be either permanent or temporary, into the second layer of skin known as the dermis, to create a pattern or picture.

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A graphic representation of a user or the user's alter ego or character, often used in online forums, social media, and virtual reality spaces.

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