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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Definitions:

Serious Disruption

A significant interruption or disturbance to an expected sequence of events that can impact operations, services, or activities adversely.

Low-Level Radiation

Radiation that is at a lower intensity compared to high-level radiation and generally poses less harm to living organisms.

Video Display Terminals

Devices that display images generated by computers or other electronic devices, such as monitors.

Severance Pay

Compensation granted to an employee upon termination of employment, often based on length of service.