Multiple Choice
Table 16.2
Table 16.2 shows the quantities of forks and knives that can be produced with the full amount of resources in each of two countries, Alpha and Beta.
-Refer to Table 16.2. If these two countries specialize based on comparative advantage, then
A) Alpha should specialize in knives and Beta should specialize in forks.
B) Alpha should specialize in forks and Beta should specialize in knives.
C) Alpha should specialize in producing both items.
D) Beta should produce both items.
Correct Answer:
Verified
Related Questions