Multiple Choice
-If the U.S. and Japan each have two units of resources, and divide their resources equally between the production of each good, the maximum possible output is:
A) 200 tons of grain and 1,000,000 microchips.
B) 150 tons of grain and 2,000,000 microchips.
C) 150 tons of grain and 2,200,000 microchips.
D) 100 tons of grain and 2,400,000 microchips.
Correct Answer:
Verified
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