Table 16.5
Table 16.5 shows the labor input required to produce a fixed quantity of product A and a fixed quantity of product B in each of two countries.
-Refer to Table 16.5. Assume that each country has 100 workers. If there is no trade between the countries and each country only produces Product A, what is the world output of product A?

Question

Table 16.5
  Table 16.5 shows the labor input required to produce a fixed quantity of product A and a fixed quantity of product B in each of two countries.
-Refer to Table 16.5. Assume that each country has 100 workers. If there is no trade between the countries and each country only produces Product A, what is the world output of product A?

Quizplus · Accepted Answer

Each country produces 50 units of Product A, so the world output is 150 units.

Table 16.5 Table 16.5 Shows the Labor Input Required to Required