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Table 9-12 Output Per Hour Production and Production

Question 112

Multiple Choice

Table 9-12
Output per hour Production and Production
of work Consumption without Trade with Trade
Table 9-12 Output per hour Production and Production of work Consumption without Trade with Trade    Estonia and Morocco can produce both swords and belts. Each country has a total of 40 available labor hours for the production of swords and belts. Table 9-12 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade. -Refer to Table 9-12. What is the opportunity cost to produce 1 belt in Morocco? A)  1/2 of a sword B)  1 sword C)  1.5 swords D)  2 swords Estonia and Morocco can produce both swords and belts. Each country has a total of 40 available labor hours for the production of swords and belts. Table 9-12 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-12. What is the opportunity cost to produce 1 belt in Morocco?


A) 1/2 of a sword
B) 1 sword
C) 1.5 swords
D) 2 swords

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