Table 19-11
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 19-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-11.With trade,what is the total gain in clock production?
A) 150 clocks
B) 300 clocks
C) 2,100 clocks
D) 2,250 clocks
Correct Answer:
Verified
Q95: In the real world, we don't observe
Q96: A consequence of increasing marginal costs of
Q126: Table 19-11
Output per hour Production and
Q127: Table 19-11
Output per hour Production and
Q128: Table 19-11
Output per hour Production and
Q129: Table 19-11
Output per hour Production and
Q131: Table 19-11
Output per hour Production and
Q132: Table 19-11
Output per hour Production and
Q133: Table 19-11
Output per hour Production and
Q135: Table 19-11
Output per hour Production and
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