If Samoa could produce either 3 coconuts or 12 pineapples per worker,while Guam could produce either 5 coconuts or 20 pineapples per worker,what can we conclude in this situation?
A) Both Samoa and Guam will be better off if Samoa produces both coconuts and pineapples.
B) Mutually beneficial trade cannot occur.
C) If trade occurs, both countries will be able to consume beyond their original production possibilities frontiers.
D) Guam will be better off if it exports coconuts and imports pineapples.
Correct Answer:
Verified
Q21: Table 14-3
Karl can produce either 10 tonnes
Q22: Table 14-2
Alpha can produce either 18 oranges
Q23: Table 14-2
Alpha can produce either 18 oranges
Q24: Table 14-2
Alpha can produce either 18 oranges
Q25: In Bangladesh,one person can produce 330 pounds
Q27: Table 14-1
Alternate Outputs from One Day's Labour
Q28: In Samoa,the opportunity cost of producing 1
Q29: In Artland,the opportunity cost of producing 1
Q30: The opportunity cost of producing a pair
Q31: Table 14-1
Alternate Outputs from One Day's Labour
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents