Use the following to answer question(s) : Production Possibilities in Alphaland and Omegaland
-(Exhibit: Production Possibilities in Alphaland and Omegaland) Which of the following statements is true?
A) Because of trading, all people in Omegaland will benefit in the short run.
B) Because of trading, all people in Alphaland will benefit in the short run.
C) The final terms of trade could be 4/5 computer for 1 car.
D) The final terms of trade could be 3 computers per car.
Correct Answer:
Verified
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