Table 13.6 Production and

question 21

Multiple Choice

Table 13.6
Production and
Consumption Production
Without Trade With Trade Denmark and Belize can produce both clocks and hats.Table 13.6 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 13.6.Prior to trade, what was the opportunity cost to produce 1 clock in Belize?

• A)1/6 of a hat
• B)2/3 of a hat
• C)1)5 hats
• D)6 hats