Table 3-7 Assume That Japan and Korea Can Switch Between Producing Cars

question 32

Multiple Choice

Table 3-7
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.

-Refer to Table 3-7.Assume that Japan and Korea each has 2400 hours available.Originally,each country divided its time equally between the production of cars and airplanes.Now,each country spends all its time producing the good in which it has a comparative advantage.As a result,the total output of cars increased by

• A)16.
• B)40.
• C)64.
• D)80.

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Definitions:

Positive Feelings

Emotional states characterized by pleasant emotions such as happiness, joy, or satisfaction.

Mirror-image Perceptions

A concept in conflict resolution where each side views itself as ethical and peaceful, while seeing the other side as evil and aggressive.

Emergency

A serious, unexpected, and often dangerous situation requiring immediate action.

Rendering Assistance

The act of providing help or aid to someone, often in the context of emergency or distress situations.