Use the following to answer questions:
Figure: Coffee and Tea
-(Figure: Coffee and Tea) Refer to the figure. Despite its widespread popularity today, coffee wasn't consumed as a beverage until the mid-1400s. Tea was the beverage of choice, particularly in Southeast Asia. Before coffee, what was the total tea production? (Assume the only reason to grow coffee was for beverage purposes.)
A) 80,000,000
B) 130,000,000
C) 140,000,000
D) 160,000,000
Correct Answer:
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Q111: Iceland produces two goods: Viking hats (Y)
Q112: The fundamental idea behind the production possibilities
Q113: Iceland produces two goods: Viking hats (Y)
Q114: A production possibilities frontier shows:
A) the supply
Q115: Use the following to answer questions:
Figure: Coffee
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