A. below the production possibility frontier
B. On the production possibility frontier
C. above the production possibility frontier
D. can’t tell without more information
Author: Adden wafa
A. Mexico and Denmark
B. Sweden and Denmark
C. Sweden and Spain
D. Mexico and Sweden
A. constant opportunity costs
B. decreasing opportunity costs
C. first increasing and then decreasing opportunity costs
D. increasing opportunity costs
A. Shift out in a parallel fashion
B. shift in a parallel fashion
C. become steeper
D. Become flatter
A. 2
B. 1/2
C. 500
D. 1000
A. Wine
B. Beer
C. Both wine and beer
D. Neither wine nor beer
A. 1W = 3B
B. 1W = 4 1/2B
C. 1W = 5B
D. 1W = 6B
A. Beer
B. Wine
C. Both products
D. neither products
A. A would export X to B
B. A would export Y to B
C. Neither country would want to trade
D. None of the above
A. Product X
B. Product Y
C. Neither X nor Y
D. Both X and Y
