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Refer to the Following Table When Answering -Consider Table 19

Question 33

Multiple Choice

Refer to the following table when answering
Table 19.1: East and West Fish and Chip Production
 West  East  Labor Force 100400 Fish Production per Person 200 kilos 60 kilos  Chip Production per Person 100 kilos 20 kilos \begin{array} { l | l l } & \text { West } & \text { East } \\\hline \text { Labor Force } & 100 & 400 \\\text { Fish Production per Person } & 200 \text { kilos } & 60 \text { kilos } \\\text { Chip Production per Person } & 100 \text { kilos } & 20 \text { kilos } \\\hline\end{array}
-Consider Table 19.1. With free trade, the price of fish in terms of chips must be:


A) 2
B) about 0.42
C) 2.4
D) 3
E) Not enough information is given.

Correct Answer:

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