Table 1 Shows the Units of Output a Worker Can

question 6

Multiple Choice

Table 1 shows the units of output a worker can produce per month in Australia and Korea. ?
$\begin{array}{|l|l|l|}\hline & \text { Food } & \text { Electronics } \\\hline \text { Australia } & 20 & 5 \\\hline \text { Korea } & 8 & 2 \\\hline\end{array}$
?
Refer to table 1. Prices of electronics can be stated in terms of units of food. What is the range of prices of electronics for which both countries could gain from trade? The price must be greater than:

• A) 1/5 of a unit of food but less than 1/4 of a unit of food.
• B) 4 units of food but less than 5 units of food.
• C) 1/4 of a unit of food but less than 1/2 of a unit of food.
• D) 2 units of food but less than 4 units of food.

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Definitions:

Probable Cause

A standard of reasonable belief, based on facts, that is required to arrest a person, conduct a search, or seize property in legal proceedings.

Arrest Warrant

A legal document issued by a judge or magistrate which authorizes the police to arrest and detain an individual suspected of a crime.

Law Enforcement Agent

An individual authorized to enforce laws and maintain public order, including police officers, sheriffs, and federal agents.

Racketeer Influenced

Pertains to activities or operations that are influenced or controlled by individuals involved in organized crime, often leading to illegal business practices.