Solved

Table 9-12 Output Per Hour Production and Production

Question 328

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 sword in Morocco? A)  1/2 of a belt B)  1 belt C)  1.5 belts D)  2 belts 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 sword in Morocco?


A) 1/2 of a belt
B) 1 belt
C) 1.5 belts
D) 2 belts

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions