Multiple Choice
Graph 3-2 
These figures illustrate the production possibilities available to Amy and Jim with 8 hours of labour.
-According to Graph 3-2, if Amy and Jim both specialise completely in the good in which they have a comparative advantage, total production of coffee and total production of doughnuts will be _____ respectively.
A) 20 and 4
B) 4 and 20
C) 16 and 7
D) 7 and 16
Correct Answer:
Verified
Correct Answer:
Verified
Q77: Table 3-2<br> <span class="ql-formula" data-value="\begin{array}{|c|c|c|c|c|}\hline&\text
Q78: Table 3-1<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q79: Exports arise because:<br>A)the importing country has a
Q80: Shaquille can score 32 points or produce
Q81: Graph 3-1<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 3-1
Q83: Comparative advantage will always occur when two
Q84: Table 3-1<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q85: Graph 3-1<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 3-1
Q86: When parties specialise in the production of
Q87: Table 3-2<br> <span class="ql-formula" data-value="\begin{array}{|c|c|c|c|c|}\hline&\text