The Table Given Below Shows the Number of Umbrellas and Bushels

question 28

Multiple Choice

The table given below shows the number of umbrellas and bushels of corn produced in the United Kingdom and the Rest of the World per labor hour. If the U.K. and the Rest of the World begin to trade with each other, the international price of corn will lie between _____ and _____. $$\begin{array} { l c c } \hline\text { Productivity } & \text { In the United Kingdorn } & \text { In the Rest of the World } \\\hline \text { Umbrellas per labor hour } & 0.25 & 1 \\\text { Bushels of corn per labor hour } & 0.5 & 0.67\\\hline\end{array}$$

• A)2/3 of an umbrella per bushel of corn; 3 umbrellas per bushel of corn
• B)2/3 of an umbrella per bushel of corn; 3/2 umbrellas per bushel of corn
• C)1/2 of an umbrella per bushel of corn; 3/2 of an umbrella per bushel of corn
• D)3/2 umbrellas per bushel of corn; 3 umbrellas per bushel of corn

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Definitions:

Prescribe Drugs

The act of medical practitioners ordering certain medications for patients as a form of treatment.

Psychologists and Psychiatrists

Professionals specializing in the study and treatment of mental health disorders, differing mainly in their training and treatment methods.

Current Distinction

refers to the contemporary differentiation or recognition of differences between concepts, objects, or phenomena.

Minimum Wage

The lowest hourly, daily or monthly remuneration that employers may legally pay to workers.