Table 9-12 Output Per Hour Production and Production

question 74

Multiple Choice

Table 9-12
Output per hour Production and Production
of work Consumption without Trade with Trade
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. All of the following are terms of trade that could possibly benefit both countries except

• A) 2/3 of a belt : 1 sword.
• B) 4/5 of a belt : 1 sword.
• C) 7/10 of a belt : 1 sword.
• D) 1/4 of a belt : 1 sword.

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Definitions:

Emotional Stability

refers to an individual's ability to remain stable and balanced in their emotions, particularly when faced with stress or adverse situations.

Openness

A personality trait characterized by an individual's willingness to experience new ideas, be transparent, and accepting of different perspectives.

Conscientiousness

A personality trait characterized by diligence, carefulness, and a desire to do a task well.

Self-serving Bias

A cognitive bias that involves attributing successes to internal factors and failures to external factors to protect self-esteem.