Figure 18.1
-Refer to Figure 18.1.After trade and specialization begin,the maximum amount of sunglasses that Duckland can consume is:

Question

Quizplus · Accepted Answer

After trade and specialization, Duckland specializes in producing hats and trades with Sunglassia to obtain more sunglasses than it could produce domestically. The maximum amount of hats that Duckland can produce is 150 (Point A on the production possibilities frontier) and the maximum amount of sunglasses it can obtain through trade is also 150 (Point C on the consumption possibilities frontier). Therefore, the maximum amount of sunglasses that Duckland can consume is 150.

Figure 18.1 -Refer to Figure 18.1.After Trade and Specialization Begin,the Maximum Amount