Examlex

Solved

Table 9-6 Output Per Hour Production and Production

question 69

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.If the actual terms of trade are 1 hat for 1.8 clocks and 150 hats are traded, how many clocks will Denmark consume? A) 270 B) 900 C) 930 D) 1,200
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.If the actual terms of trade are 1 hat for 1.8 clocks and 150 hats are traded, how many clocks will Denmark consume?


Definitions:

Idioms

Expressions whose meanings are not predictable from the usual meanings of their constituent elements or from the general grammatical rules of a language.

Cross-Cultural Communication

The exchange of information and ideas between people from different cultures, emphasizing understanding and respect for diverse perspectives and practices.

Customs

The official procedures for inspecting and taxing goods coming into a country, or the traditional norms and practices of a society or community.

Cultural Blooper

A mistake or faux pas made in a cultural context, often due to a lack of knowledge or understanding.

Related Questions