Examlex

Solved

The Hypothetical Nations Wat and Xat Have the Production Possibilities

question 287

Multiple Choice

                      Wat’s Production Possibilities  Product ABCDEF Rice 7506004503001500 Corn 050100150200250                                  Xat’s Production Possibilities  Product ABCDEF Rice 2,5002,0001,5001,0005000 Corn 0100200300400500\begin{array}{l}{ ~~~~~~~~~~~~~~~~~~~~~\text { Wat's Production Possibilities } }\\\begin{array} { | l | c | c | c | c | c | c | } \hline \text { Product } & A & B & C & D & E & F \\\hline \text { Rice } & 750 & 600 & 450 & 300 & 150 & 0 \\\hline \text { Corn } & 0 & 50 & 100 & 150 & 200 & 250 \\\hline\end{array}\\\\{ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\text { Xat's Production Possibilities } }\\\begin{array} { | l | c | c | c | c | c | c | } \hline \text { Product } & A & B & C & D & E & F \\\hline \text { Rice } & 2,500 & 2,000 & 1,500 & 1,000 & 500 & 0 \\\hline \text { Corn } & 0 & 100 & 200 & 300 & 400 & 500 \\\hline\end{array}\end{array} The hypothetical nations Wat and Xat have the production possibilities for rice and corn given in the accompanying tables. The mutually bene?cial terms of trade will be


Definitions:

Related Questions