Multiple Choice
-If the U.S. and Japan each have two units of resources, and produce according to their comparative advantages, the maximum possible output is:
A) 200 tons of grain and 2,200,000 microchips.
B) 200 tons of grain and 2,400,000 microchips.
C) 300 tons of grain and 2,400,000 microchips.
D) 400 tons of grain and 4,800,000 microchips.
Correct Answer:
Verified
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Q38: Use the following table showing production possibilities
Q39: Use the following table showing production possibilities
