The Following Information Is About the Cost Ratios for Two

question 49

Multiple Choice

The following information is about the cost ratios for two products-fish (F) and chicken (C) -in Singsong and Harmony.Assume that production occurs under conditions of constant costs and these are the only two nations in the world.If in Singsong: 1F = 2C and, in Harmony: 1F = 4C, which one of the following would not be feasible terms for trade between Singsong and Harmony?

• A)1 fish for 2 1/2 chicken
• B)1 fish for 3 chicken
• C)1 chicken for 1/5 of a fish
• D)1 chicken for 1/3 of a fish

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