Solved

Figure: Benin in the Figure, Benin Has 32 Workers

Question 106

Multiple Choice

Figure: Benin Figure: Benin   In the figure, Benin has 32 workers, and the price per ton of cotton and ton of rice is $2,500 and $1,200, respectively. The average wage with no trade is ______, and the average wage with trade is ________. A)  $850; $1,081.25 B)  $768.75; $1,000 C)  $1,000; $850 D)  $1,000; $1,081.25 In the figure, Benin has 32 workers, and the price per ton of cotton and ton of rice is $2,500 and $1,200, respectively. The average wage with no trade is ______, and the average wage with trade is ________.


A) $850; $1,081.25
B) $768.75; $1,000
C) $1,000; $850
D) $1,000; $1,081.25

Correct Answer:

verifed

Verified

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

Related Questions