QUESTION 44 If France has a labor force of 30,000 hours of labor, after trade begins, it will produce (A: 2000 units of grapes; B: 6000 units of textiles; C: 2000 units of grapes and 6000 units of textiles; D: 200 units of grapes and 400 units of textiles. B

QUESTION 44 If France has a labor force of 30,000 hours of labor, after trade begins, it will produce (A: 2000 units of grapes; B: 6000 units of textiles; C: 2000 units of grapes and 6000 units of textiles; D: 200 units of grapes and 400 units of textiles. B

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Goods
Grapes
Textiles
Spain
8
4
Note: figures are hours of labor per unit of output
France
15
5

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