Examlex

Solved

Table 9-6 Output Per Hour Production and Production

question 83

Multiple Choice

Table 9-6
Output per hour Production and Production
of work Consumption without Trade with Trade
Table 9-6 Output per hour Production and Production of work Consumption without Trade with Trade     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 9-6 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade. -Refer to Table 9-6.Prior to trade, what was the opportunity cost to produce 1 hat in Belize? A) 1/6 of a clock B) 2/3 of a clock C) 1.5 clocks D) 6 clocks
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 9-6 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-6.Prior to trade, what was the opportunity cost to produce 1 hat in Belize?


Definitions:

Ndebele Women

Women belonging to the Ndebele people, a Nguni ethnic group located primarily in South Africa and Zimbabwe, known for their vibrant art and beadwork.

Divination Technique

Practices or methods used to foretell future events or discover hidden knowledge through supernatural means or interpretation of signs.

Reading Entrails

Ancient divination method in which the future is predicted based on the examination of the internal organs of animals.

Witchcraft

Magical rituals intended to cause misfortune or inflict harm.

Related Questions