Multiple Choice
Denmark and Belize can produce both clocks and hats. Each country has a total of 200 available labor hours for the production of clocks and hats. Table 9-6 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-6. With trade, what is the total gain in clock production?
A) 150 clocks
B) 300 clocks
C) 2,100 clocks
D) 2,250 clocks
Correct Answer:

Verified
Correct Answer:
Verified
Q8: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" Denmark and
Q9: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" Denmark and
Q10: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" Bragabong currently
Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" Denmark and
Q12: While attending the World Economic Forum in
Q14: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" Denmark and
Q15: The term used by economists to describe
Q16: Which of the following is the best
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Q18: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" Table 9-4