Table 9-11 Output Per Hour Production and Production

question 292

Multiple Choice

Table 9-11
Output per hour Production and Production
of work Consumption without Trade with Trade
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. What is the opportunity cost to produce 1 clock in Denmark?

• A) 1/6 of a hat
• B) 1/2 of a hat
• C) 2 hats
• D) 6 hats

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