The Table Below Shows Units of Wheat and Cloth Produced

question 9

Multiple Choice

The table below shows units of wheat and cloth produced by each worker per day in both the countries.Table 20.1

-A country has a comparative advantage when the opportunity cost of producing a good in terms of:

• A)the monetary value of other forgone goods is lower than that of other nations.
• B)the monetary value of other forgone goods is greater than that of other nations.
• C)forgone output of other goods is higher than that of other nations.
• D)forgone output of other goods is lower than that of other nations.
• E)forgone output of other goods is equal to that of other nations.

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Definitions:

Genuine Interest

Authentic curiosity or concern in a subject or person without any underlying motives.

Smooth Flow

The unimpeded progress or movement of something, ensuring continuity and efficiency.

Nominal Brainstorming

a technique where group members generate ideas individually to avoid influence from others.

Brainstorming Literature

Literature that provides insights or methods on generating ideas and solutions through collective discussion or thought processes.