Solved

The Following Data Outline Production Choices (A or B) in Two

Question 5

Multiple Choice

The following data outline production choices (A or B) in two nations, Landia and Scandia. Landia has a workforce of 12 and Scandia has a workforce of 10.

 Output per worker in Landia  Output per worker in Scandia ABAB Fish 80 Fish 160 Chips 040 Chips 048\begin{array} { | l | c | c | c | c | c | c | } \hline { \text { Output per worker in Landia } } & & && { \text { Output per worker in Scandia } } \\\hline & \mathrm { A } & \mathrm { B } & & & \mathrm { A } & \mathrm { B } \\\hline \text { Fish } & 8 & 0 & & \text { Fish } & 16 & 0 \\\hline \text { Chips } & 0 & 40 & & \text { Chips } & 0 & 48 \\\hline\end{array}

-If Landia and Scandia fully specialize in accordance with comparative advantage,their total output will be:


A) 80 fish and 576 chips
B) 160 fish and 480 chips
C) 96 fish and 400 chips
D) 96 fish and 480 chips
E) 160 fish and 576 chips

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents