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Output Per Hour Production and Production
of Work Consumption Without

Question 135

Multiple Choice


Output per hour Production and Production
of work Consumption without Trade with Trade
 Clocks  Hats  Clocks  Hats  Clocks  Hats  Denmark 639001501,2000 Belize 121501000400\begin{array}{|c|c|c|c|c|c|c|c|c|}\hline & \text { Clocks } & \text { Hats } & & \text { Clocks } & \text { Hats } && \text { Clocks } & \text { Hats } \\\hline \text { Denmark } & 6 & 3 & & 900 & 150 & &1,200 & 0 \\\hline \text { Belize } & 1 & 2 & & 150 & 100& & 0 & 400 \\\hline\end{array}
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 9-11 shows the output per hour of work,the production and consumption quantities without trade,and the production numbers with trade.
-Refer to Table 9-11.Prior to trade,what was the opportunity cost to produce 1 hat in Belize?


A) 1/2 of a clock
B) 2/3 of a clock
C) 1.5 clocks
D) 2 clocks

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