Suppose Two Countries Use Different Combinations of Inputs, Such as Labor

question 140

Multiple Choice

Suppose two countries use different combinations of inputs, such as labor and capital, to produce the same product.This implies any one of the following except that

• A)the two countries use different technologies to produce the product.
• B)the inputs are not equally productive in the two countries.
• C)the prices of the inputs are not the same in the countries.
• D)one country is more efficient in the production of the good than the other.

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Definitions:

Filter

A device or process that removes impurities or separates particles from a liquid or gas.

Engulf

To surround or envelop completely, often used to describe how one cell can consume another.

Terrestrial Mollusks

Mollusks that live on land rather than in the sea or freshwater bodies; this group includes snails and slugs.

Gastropods

A class of mollusks typically having a one-piece coiled shell and including snails, slugs, and whelks, which are primarily marine, but also found in freshwater and terrestrial environments.