Multiple Choice
Use the following to answer questions: Table: Production in the United States and Germany
-(Table: Production in the United States and Germany) According to the table, the opportunity cost of producing one sofa in the United States is _________, and the opportunity cost of producing one sofa in Germany is _______.
A) two clocks; three clocks
B) 10 clocks; 27 clocks
C) 0.4 clocks; 0.33 clocks
D) 2.5 clocks; three clocks
Correct Answer:

Verified
Correct Answer:
Verified
Q5: One of the ways trade increases wealth
Q13: Increased trade has also led to:<br>A) increased
Q34: The enormous variety of goods and services
Q46: If each of us had to grow
Q62: The main reason why specialization can raise
Q64: Use the following to answer questions:
Q67: Countries can benefit from trading with one
Q177: Mark values his drum set at $800
Q224: According to the theory of comparative advantage,
Q239: Which of the following is least likely