(Table: Factor Use in Trade) in the Hypothetical Economy Provided

question 23

Multiple Choice

(Table: Factor Use in Trade) In the hypothetical economy provided in the table, what is the capital-labor ratio for exports?

• A) $1,849
• B) $35,500
• C) $18,490
• D) $1,920

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Definitions:

Prosocial

Behaviors that are intended to help or benefit others.

Science Fiction

A genre of speculative fiction that typically deals with imaginative and futuristic concepts such as advanced science and technology, space exploration, time travel, and extraterrestrial life.

Piaget's Theory

A theory of cognitive development proposed by Jean Piaget that describes how children develop logical thinking and reasoning skills through four stages.

Formal Operational

The stage in Piaget's theory of cognitive development, typically beginning around age 12, characterized by the ability to think abstractly and reason logically.