Social Studies, 01.10.2021 16:50, 290000992
Question 1 (1 point)
The hypothetical country of Narnia produces only two goods: computers and textbooks. The country can produce the following:
• 9 million computers and no textbooks;
• 70 million textbooks and no computers; or
• Some combination of textbooks and computers.
Use this production possibilities graph to answer the question.
An unattainable point due to the limits of resources is represented by what point on the graph?
B Đ’
9
7
6
.
D
Computers (in millions)
5
4
3
2
E
10 20
30 40
50 60
70
Textbooks (in millions)
Answers: 1
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Ryan tells ty that he will give him his best pokemon card in exchange for ty's autographed baseball card. ty feels this is a fair trade. however, when ryan trades with ty, ryan gives him his second best pokemon card instead. why was this trade not beneficial for both parties? a) ryan lied about what he was giving to ty. b) ty lied about what he was giving to ryan. c) baseball cards are worth more than pokemon cards. d) pokemon cards are worth more than baseball cards.
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Question 1 (1 point)
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