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Table 19-11
Output Per Hour Production and Production
of Work

question 189

Multiple Choice

Table 19-11
Output per hour Production and Production
of work Consumption without Trade with Trade
 Clocks  Hats  Clocks  Hats  Clocks  Hats  Denmark 639001501,2000 Belize 121501000400\begin{array}{|l|c|c|c|c|c|c|}\hline & \text { Clocks } & \text { Hats } & \text { Clocks } & \text { Hats } & \text { Clocks } & \text { Hats } \\\hline \text { Denmark } & 6 & 3 & 900 & 150 & 1,200 & 0 \\\hline \text { Belize } & 1 & 2 & 150 & 100 & 0 & 400 \\\hline\end{array} Denmark and Belize can produce both clocks and hats. Each country has a total of 200 available labor hours for the production of clocks and hats. Table 19-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-11.If the actual terms of trade are 1 hat for 1.8 clocks and 150 hats are traded,how many hats will Denmark gain compared to the "without trade" numbers?


Definitions:

Sampling Distribution

The probability distribution of a given statistic based on a random sample, used to estimate population parameters.

Formal Charge

Used to calculate the charge of an atom in a molecule, assuming that electrons in all chemical bonds are shared equally between atoms.

Nitrogen

A chemical element with symbol N and atomic number 7, essential for life and a major component of the Earth's atmosphere.

Electron Configuration

The arrangement of electrons within the orbitals of atoms or molecules.

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