Solved

Use the Basis of the Following Table Showing Production Possibilities

Question 121

Multiple Choice

Use the basis of the following table showing production possibilities for pizzas and birthday cakes from one unit of resources in Country C and Country D.
Use the basis of the following table showing production possibilities for pizzas and birthday cakes from one unit of resources in Country C and Country D.    -If each country has two units of resources and specializes in the good for which it has a comparative advantage, the combined outputs of the two countries will be: A)  0 pizzas and 68 birthday cakes. B)  48 pizzas and 36 birthday cakes. C)  72 pizzas and 18 birthday cakes. D)  96 pizzas and 0 birthday cakes.
-If each country has two units of resources and specializes in the good for which it has a comparative advantage, the combined outputs of the two countries will be:


A) 0 pizzas and 68 birthday cakes.
B) 48 pizzas and 36 birthday cakes.
C) 72 pizzas and 18 birthday cakes.
D) 96 pizzas and 0 birthday cakes.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents