If the Opportunity Cost of Producing Corn Is Lower for Ohio

question 64

Multiple Choice

If the opportunity cost of producing corn is lower for Ohio than for Iowa,then:

• A) Iowa should specialize in corn production.
• B) Iowa has the comparative advantage in corn production.
• C) Iowa should export corn to Ohio.
• D) Ohio has the comparative advantage in corn production.

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Definitions:

Alternative Behaviors

Behaviors that are developed or encouraged as replacements for less desirable or unacceptable actions in specific contexts.

Aggressive-Protective Subsystem

A concept in nursing and psychology referring to behaviors and mechanisms used by individuals to protect themselves from perceived threats or harm.

Achievement Goals

Objectives that individuals strive to attain to demonstrate competence or mastery in a particular area.

Biological

Relating to the processes and phenomena of living organisms or their parts.