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The Following Production Possibilities Schedule Shows the Quantities of Wheat

Question 50

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The following production possibilities schedule shows the quantities of wheat and rice that can each be produced in Canada and India with one unit of equivalent resources. The following production possibilities schedule shows the quantities of wheat and rice that can each be produced in Canada and India with one unit of equivalent resources.   TABLE 32-2 Refer to Table 32-2.If Canada were to transfer one unit of resources from rice to wheat production and if one unit of Indian resources were switched from wheat to rice production, A) total rice production would increase by 8 bushels. B) total wheat production would increase by 13 bushels. C) total rice production would increase by 13 bushels. D) total wheat production would increase by 8 bushels. E) both total wheat and total rice production would go up by 13 bushels. TABLE 32-2 Refer to Table 32-2.If Canada were to transfer one unit of resources from rice to wheat production and if one unit of Indian resources were switched from wheat to rice production,


A) total rice production would increase by 8 bushels.
B) total wheat production would increase by 13 bushels.
C) total rice production would increase by 13 bushels.
D) total wheat production would increase by 8 bushels.
E) both total wheat and total rice production would go up by 13 bushels.

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