Exhibit 15-1 Production possibilities curves 
-In Exhibit 15-1, the production possibilities curves of wheat and corn for Nabia and Pada are presented. In Pada the cost of producing one more unit of wheat is equal to:
A) 3 units of corn.
B) 1/3 unit of corn.
C) 1/3 unit of wheat.
D) 15 units of corn.
E) 30 units of corn.
Correct Answer:
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Q10: Exhibit 15-1 Production possibilities curves 
Q12: If a nation follows a policy of
Q12: Suppose Japan has a comparative advantage over
Q13: Suppose that country X can produce 1,000
Q14: Exhibit 15-1 Production possibilities curves 
Q16: Exhibit 15-1 Production possibilities curves 
Q17: Trade between nations A and B:
A) leaves
Q18: Exhibit 15-2 Production possibilities curves for U.S.
Q19: Exhibit 15-1 Production possibilities curves 
Q20: With the benefits of international trade:
A) there
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