Scenario 20

question 20

Multiple Choice

Scenario 20.1 Suppose labor productivity differences are the only determinants of comparative advantage,and Brazil and Chile both produce only coffee and sugar.In Chile,either 5 units of coffee or 2 units of sugar can be produced in one day.In Brazil,a day of labor produces either 2 units of coffee or 1 unit of sugar.
-Refer to Scenario 20.1.Calculate the opportunity cost of producing sugar in Brazil.

• A)Half a pound of coffee
• B)4 pounds of coffee
• C)1 pound of coffee
• D)2 pounds of coffee
• E)One and a half pounds of coffee

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Definitions:

Spectrum

A range or continuous sequence of values or elements, often used in contexts such as the autism spectrum or electromagnetic spectrum.

Binary System

In computing, refers to a system using binary (base-2) numeral system, or in astronomy, to a system consisting of two stars orbiting around their common center of mass.

Tuskegee Syphilis Study

A notorious and unethical study conducted between 1932 and 1972 by the U.S. Public Health Service, which involved non-therapeutic observation of untreated syphilis in African American men.

Informed Consent

A process ensuring that a participant fully understands the risks, benefits, and alternatives of a procedure or intervention before agreeing to proceed.