Table 3-22 Assume That Zimbabwe and Portugal Can Switch Between Producing Toothbrushes

question 24

Multiple Choice

Table 3-22
Assume that Zimbabwe and Portugal can switch between producing toothbrushes and producing hairbrushes at a constant rate.
-Refer to Table 3-22. Zimbabwe and Portugal would not be able to gain from trade if Zimbabwe's opportunity cost of one toothbrush changed to

• A)0 hairbrushes.
• B)5/6 hairbrushes.
• C)6/5 hairbrushes.
• D)Zimbabwe and Portugal can always gain from trade regardless of their opportunity costs.

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Definitions:

Absolute Effects

The total, overall impact of a variable or intervention, without comparison to any control or other group.

Direct Effects

Immediate impacts or outcomes that directly result from a specific cause or action without intermediate steps.

Indirect Effects

Outcomes that are not directly caused by an action but occur as a secondary or subsequent result of it.

Goals Motivate

The concept that setting and striving for objectives can drive individuals or teams to improve their performance and achieve success.