The Following Is the Production Possibilities Data for Two Countries

question 65

Multiple Choice

The following is the Production possibilities data for two countries, Alpha and Beta, which have populations of equal size. The above data show that:

• A)Beta has a comparative advantage in producing chips.
• B)Alpha has a comparative advantage in catching fish.
• C)Alpha is subject to constant costs and Beta is subject to increasing costs.
• D)Beta is more efficient than Alpha.