-The table above gives the production possibilities frontier for two countries,Anaconda and Bear.This table shows that
A) when Anaconda and Bear specialize and trade, Anaconda should specialize in the production of shoes.
B) when Anaconda and Bear specialize and trade, Anaconda should produce at its production point E.
C) Anaconda has an absolute advantage in the production of corn and shoes.
D) Bear can consume no more than 2 bushels of corn and 700 pairs of shoes.
E) Bear is unable to gain from trade with Anaconda.

Question

-The table above gives the production possibilities frontier for two countries,Anaconda and Bear.This table shows that
A) when Anaconda and Bear specialize and trade, Anaconda should specialize in the production of shoes. 
B) when Anaconda and Bear specialize and trade, Anaconda should produce at its production point E. 
C) Anaconda has an absolute advantage in the production of corn and shoes. 
D) Bear can consume no more than 2 bushels of corn and 700 pairs of shoes. 
E) Bear is unable to gain from trade with Anaconda.

Quizplus · Accepted Answer

The Answer of 
-The table above gives the production possibilities frontier for two countries,Anaconda and Bear.This table shows that
A) when Anaconda and Bear specialize and trade, Anaconda should specialize in the production of shoes. 
B) when Anaconda and Bear specialize and trade, Anaconda should produce at its production point E. 
C) Anaconda has an absolute advantage in the production of corn and shoes. 
D) Bear can consume no more than 2 bushels of corn and 700 pairs of shoes. 
E) Bear is unable to gain from trade with Anaconda.

-The Table Above Gives the Production Possibilities Frontier for Two