Examlex

Solved

Table 9-12 Output Per Hour Production and Production

question 280

Multiple Choice

Table 9-12
Output per hour Production and Production
of work Consumption without Trade with Trade
Table 9-12 Output per hour Production and Production of work Consumption without Trade with Trade    Estonia and Morocco can produce both swords and belts. Each country has a total of 40 available labor hours for the production of swords and belts. Table 9-12 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade. -Refer to Table 9-12. Which country has a comparative advantage in producing swords? A)  Estonia B)  Morocco C)  both countries D)  neither country Estonia and Morocco can produce both swords and belts. Each country has a total of 40 available labor hours for the production of swords and belts. Table 9-12 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-12. Which country has a comparative advantage in producing swords?


Definitions:

Ounces

A unit of weight used in Britain and the USA, equal to one sixteenth of a pound or approximately 28.35 grams.

Dark Chocolate

A type of chocolate that contains a high percentage of cocoa solids and little to no milk.

Gram

A metric measurement for weight, quantifying as one thousandth of a kilogram.

Ounce

A unit of weight in the avoirdupois system, equal to 1/16 of a pound or approximately 28.35 grams.

Related Questions