Production Possibilities Data for Gamma and Sigma

question 47

Multiple Choice

Production possibilities data for Gamma and Sigma.All data are in tons.
Gamma production possibilities:
Sigma production possibilities:

-On the basis of the above information:

• A) Gamma should export both tea and pots to Sigma.
• B) Sigma should export tea to Gamma and Gamma should export pots to Sigma.
• C) Gamma should export tea to Sigma and Sigma should export pots to Gamma.
• D) Gamma should export tea to Sigma,but it will not be profitable for the two nations to exchange pots.

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Definitions:

Framing

The way an issue is posed; how an issue is worded can significantly affect decisions and judgments.

Winter Coat

A piece of outerwear designed to keep the body warm during cold weather conditions.

Framing

The way information is presented to influence perception and choices.

Importance

The state or fact of being of great significance or value.