Multiple Choice
Blue Violet's Orange Rose's production possibilities production possibilities
-Two countries, Blue Violet and Sweet Pansy, produce only two goods: teapots and coffeepots. The table above gives their production possibilities. With specialization and trade, Sweet Pansy produces ___________and Blue Violet produces__________ .
A) 150 teapots, 75 coffeepots
B) 100 teapots and 25 coffeepots, 100 teapots and 50 coffeepots
C) 150 teapots and 150 coffeepots, nothing
D) 150 coffeepots, 150 teapots
Correct Answer:
Verified
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