Production Possibilities Data for Two Countries,Alpha and Beta,which Have Populations

question 70

Multiple Choice

Production possibilities data for two countries,Alpha and Beta,which have populations of equal size.

-Refer to the above data.Assume the production possibilities in Beta double at alternatives A through E while remaining as shown in the table for Alpha.As a result Beta should:

• A) continue to specialize in producing chips.
• B) continue to specialize in fishing.
• C) no longer specialize and trade.
• D) specialize both in fishing and in producing chips and sell the surplus to Alpha.

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