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  3. Study Set
    International Economics Study Set 10
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    Exam 2: Trade and Technology: the Ricardian Model
  5. Question
    Assume the MPLt = 5 Tennis Rackets and MPLb =
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Assume the MPLt = 5 Tennis Rackets and MPLb =

Question 1

Question 1

Multiple Choice

Assume the MPLt = 5 tennis rackets and MPLb = 4 baseball bats.If the
Economy has 100 workers, then the economy can produce:


A) a maximum of 500 tennis rackets.
B) a maximum of 350 baseball bats.
C) 500 tennis rackets and 400 baseball bats.
D) either 100 tennis rackets only or 100 baseball bats only.

Correct Answer:

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