Multiple Choice
The table given below shows the number of umbrellas and bushels of corn produced in the United Kingdom and the Rest of the World per labor hour. If the U.K. and the Rest of the World begin to trade with each other, the international price of umbrellas will lie between _____ and _____.
A) 2/3 bushels of corn per umbrella; 2 bushels of corn per umbrella
B) 2/3 bushels of corn per umbrella; 3/2 bushels of corn per umbrella
C) 3/2 bushels of corn per umbrella; 3 of a unit of corn
D) 1/3 bushels of corn per umbrella; 3 bushels of corn per umbrella
Correct Answer:

Verified
Correct Answer:
Verified
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