Table 9-11
Output per hour Production and Production
of work Consumption without Trade with Trade
Denmark and Belize can produce both clocks and hats. Each country has a total of 200 available labor hours for the production of clocks and hats. Table 9-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-11. With trade, what is the total gain in hat production?
A) 150 hats
B) 300 hats
C) 400 hats
D) 650 hats
Correct Answer:
Verified
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