Suppose That a Worker in Country a Can Make Either

question 91

Multiple Choice

Suppose that a worker in Country A can make either 10 iPhones or 5 iPads each year. Country A has 100 workers. Suppose a worker in Country B can make either 2 iPhones or 10 iPads each year. Country B has 200 workers. Which of the following is a bundle of goods that Country A could not make?

• A) (250 iPhones, 250 iPads)
• B) (400 iPhones, 250 iPads)
• C) (500 iPhones, 250 iPads)
• D) (500 iPhones, 300 iPads)

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Definitions:

Participants

Individuals or entities that take part in an activity, process, or event, often contributing to its outcome.

Creditors

Individuals or institutions that lend money or extend credit and are owed repayment.

Preferred Share

Equity shares in a corporation, which provide dividends to its holders before dividends are distributed to common shareholders, and typically have no or restricted voting rights.

Specific Dividend

A dividend paid out in forms other than cash, such as stocks or other assets, to shareholders.