Multiple Choice
Table 19-12
Output per hour Production and Production
of work Consumption without Trade with Trade
Estonia and Morocco can produce both swords and belts. Each country has a total of 40 available labor hours for the production of swords and belts. Table 19-12 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-12.What is the opportunity cost to produce 1 belt in Morocco?
A) 1/2 of a sword
B) 1 sword
C) 1.5 swords
D) 2 swords
Correct Answer:

Verified
Correct Answer:
Verified
Q33: Figure 19-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6608/.jpg" alt="Figure 19-6
Q35: Figure 19-10<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6608/.jpg" alt="Figure 19-10
Q36: Table 19-10<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|}\hline
Q37: Absolute advantage is<br>A)the ability to produce more
Q53: Which of the following statements about the
Q56: A numerical limit imposed by a government
Q87: If Canada imports fishing poles from Mexico,
Q153: A consequence of increasing marginal costs of
Q167: Which of the following countries is not
Q220: In international exchange markets,a rise in interest