Use the following to answer questions:
Figure: The Production Possibilities for Two Countries 
-(Figure: The Production Possibilities for Two Countries) Look at the figure The Production Possibilities for Two Countries. If Indonesia and Malaysia trade 1 radio for 1.5 tires, the most that Indonesia can consume is _____ radios and _____ tires, while the most that Malaysia can consume is _____ radios and _____ tires.
Definitions:
Equilibrium Quantity
The amount of products or services offered and sought after at the balance price.
Supply Shifts
Changes in the quantity of a product or service that suppliers are willing and able to offer for sale at all possible prices.
Equilibrium Price
The price point at which the supply of goods aligns perfectly with the demand for those goods.
Supply
The total amount of a specific good or service that is available to consumers, often influenced by price, production costs, and market demand.
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