Business, 29.07.2020 04:01 jordandabrat

Answer the question on the basis of the data given for two regions, East and West, of a hypothetical world. The nations have the production possibilities for units of food and clothing given below. East Production Possibilities West Production Possibilities
A B C D A B C D
Food 24 16 8 0 Food 45 30 15 0
Clothing 0 4 8 12 Clothing 0 5 10 15
Which of the following is true?
a. For the West region, the cost of 5 units of clothing is 10 units of food.
b. For the West region, the cost of 15 unlts of food Is 5 unlts of clothing.
c. For the East region, the cost of 8 units of food Is 8 units of clothing.
d. For the East region, the cost of 4 units of clothing is 6 unlts of food.

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Answer the question on the basis of the data given for two regions, East and West, of a hypothetical...

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