Use the Following to Answer Question(s): Production Possibilities in Alphaland

question 115

Multiple Choice

Use the following to answer question(s) : Production Possibilities in Alphaland and Omegaland

-(Exhibit: Production Possibilities in Alphaland and Omegaland) Through exchange, both Alphaland and Omegaland:

• A) are likely to end up consuming less of both goods.
• B) together will produce more computers but fewer cars.
• C) because of specialization and increased efficiency, will have increased the amount of joint production given the same amount of total resources available.
• D) will end up consuming more cars but fewer computers than before trade.