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The Accompanying Tables Give Production Possibilities Data for Gamma and Sigma

Question 339

Multiple Choice

The accompanying tables give production possibilities data for Gamma and Sigma. All data are in tons. Gamma's production possibilities The accompanying tables give production possibilities data for Gamma and Sigma. All data are in tons. Gamma's production possibilities   Sigma's production possibilities   What are the limits of the terms of trade between Gamma and Sigma? A) 1 tea = 2 pots to 1 tea = 6 pots B) 1 tea = 3 pots to 1 tea = 6 pots C) 1 tea = 2 pots to 1 tea = 3.5 pots D) 1 tea = 1 pot to 1 tea = 3 pots Sigma's production possibilities
The accompanying tables give production possibilities data for Gamma and Sigma. All data are in tons. Gamma's production possibilities   Sigma's production possibilities   What are the limits of the terms of trade between Gamma and Sigma? A) 1 tea = 2 pots to 1 tea = 6 pots B) 1 tea = 3 pots to 1 tea = 6 pots C) 1 tea = 2 pots to 1 tea = 3.5 pots D) 1 tea = 1 pot to 1 tea = 3 pots What are the limits of the terms of trade between Gamma and Sigma?


A) 1 tea = 2 pots to 1 tea = 6 pots
B) 1 tea = 3 pots to 1 tea = 6 pots
C) 1 tea = 2 pots to 1 tea = 3.5 pots
D) 1 tea = 1 pot to 1 tea = 3 pots

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