-Refer to Above Table to Answer This Question

question 28

Multiple Choice

-Refer to above table to answer this question.Supposing that there are 200 workers each in Rings and Potter.If,originally,half the workers were employed in each industry,what would be the gains from trade if the countries completely specialized in the products in which they have a comparative advantage?

• A)+200 broomsticks;-100 swords.
• B)+200 broomsticks;+100 swords.
• C)+500 broomsticks;+100 swords.
• D)+700 broomsticks;+700 swords.

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Definitions:

Women Laugh

denotes the act or expression of laughter by females, often studied in social and psychological contexts to understand gender differences in humor and expression.

Rational Choice Theory

An economic principle that assumes individuals always make prudent and logical decisions that provide them with the highest amount of personal utility.

Maximize Benefits

A strategy aimed at obtaining the highest possible gain or advantage from a particular action or situation.