Multiple Choice
The following production possibilities schedule shows the quantities of wheat and rice that can each be produced in Canada and India with one unit of equivalent resources. TABLE 32-2 Refer to Table 32-2.If Canada were to transfer one unit of resources from rice to wheat production and if one unit of Indian resources were switched from wheat to rice production,
A) total wheat production would increase by 7 bushels.
B) total rice production would increase by 18 bushels.
C) total wheat production would decrease by 13 bushels.
D) total rice output would decrease by 8 bushels.
E) both total wheat and total rice production would increase by 7 bushels.
Correct Answer:

Verified
Correct Answer:
Verified
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