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Consider Two Countries,labeled 1 and 2

Question 22

Multiple Choice

Consider two countries,labeled 1 and 2.If each has the production function Consider two countries,labeled 1 and 2.If each has the production function   ,i = 1,2,the only difference between the two countries is that   )  A) Country 2 will not produce anything,ceteris paribus. B) Country 2 will produce more than Country 1,ceteris paribus. C) Country 1 will produce more than Country 2,ceteris paribus. D) Each will produce the same amount,ceteris paribus. E) Not enough information is given.
,i = 1,2,the only difference between the two countries is that Consider two countries,labeled 1 and 2.If each has the production function   ,i = 1,2,the only difference between the two countries is that   )  A) Country 2 will not produce anything,ceteris paribus. B) Country 2 will produce more than Country 1,ceteris paribus. C) Country 1 will produce more than Country 2,ceteris paribus. D) Each will produce the same amount,ceteris paribus. E) Not enough information is given.
)


A) Country 2 will not produce anything,ceteris paribus.
B) Country 2 will produce more than Country 1,ceteris paribus.
C) Country 1 will produce more than Country 2,ceteris paribus.
D) Each will produce the same amount,ceteris paribus.
E) Not enough information is given.

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