Table 9-11 Output Per Hour Production and Production

question 305

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. With trade, what is the total gain in hat production?

• A) 150 hats
• B) 300 hats
• C) 400 hats
• D) 650 hats

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Definitions:

Majority Rule

A principle in decision-making processes where the option that receives more than half of the votes is selected.

Decision-Making Method

A systematic approach or process that helps to make choices among various alternatives by assessing different criteria and outcomes.

Participatory Action Research

A methodology allowing researchers and participants to co-create knowledge through shared investigation and action, aimed at social change.

Brainstorming Approach

A creative problem-solving technique that involves generating a large number of ideas in a short period, typically in a group setting, to find a solution to a specific issue.