Solved

Below Is Production Possibilities Data for the Countries of Mental

Question 133

Multiple Choice

Below is production possibilities data for the countries of Mental and Etheric.
Below is production possibilities data for the countries of Mental and Etheric.    -Refer to the information above to answer this question.Suppose that each country specializes in the product in which it has a comparative advantage.What will be the total output of each product? A) 40 million units of rice cakes and 160 million units of soya milk. B) 80 million units of rice cakes and 120 million units of soya milk. C) 80 million units of soya milk and 120 million units of rice cakes. D) 40 million units of soya milk and 160 million units of rice cakes. E) 160 million units of soya milk and 80 million units of rice cakes.
-Refer to the information above to answer this question.Suppose that each country specializes in the product in which it has a comparative advantage.What will be the total output of each product?


A) 40 million units of rice cakes and 160 million units of soya milk.
B) 80 million units of rice cakes and 120 million units of soya milk.
C) 80 million units of soya milk and 120 million units of rice cakes.
D) 40 million units of soya milk and 160 million units of rice cakes.
E) 160 million units of soya milk and 80 million units of rice cakes.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions