Multiple Choice
Table 3-8
Assume that Huang and Min can switch between producing parasols and producing porcelain plates at a constant rate.
-Refer to Table 3-8.Assume that Huang and Min each has 36 labor hours available.Originally,each person divided his/her time equally between the production of parasols and plates.Now,each person spends all their time producing the good in which they have a comparative advantage.As a result,the total output of plates increased by
A) 0.
B) 1.5.
C) 3.
D) 9.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: When two countries trade with one another,it
Q25: International trade can make some individuals within
Q115: If one producer is able to produce
Q149: To produce 100 bushels of wheat, Farmer
Q326: Figure 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2185/.jpg" alt="Figure 3-3
Q328: Figure 3-9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2185/.jpg" alt="Figure 3-9
Q332: Figure 3-11<br>The graph below represents the various
Q333: Figure 3-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2185/.jpg" alt="Figure 3-6
Q334: Table 3-11<br>Assume that Falda and Varick can
Q335: Figure 3-9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2185/.jpg" alt="Figure 3-9