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Consider the Information Below for Namibia and Malaysia

Question 47

Multiple Choice

Consider the information below for Namibia and Malaysia.
Namibian labor: 16 baskets/day or 4 lamps/day
Malaysian labor 20 baskets/day or 8 lamps/day
-Which of the following is a viable world price for one lamp?


A) 1.75 baskets
B) 2.10 baskets
C) 3.85 baskets
D) 4.25 baskets
E) 4.50 baskets

Correct Answer:

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