The production possibility curves of two countries are given below:
Legoland-
Choc...
Business, 18.02.2020 23:27, derbraz6770
The production possibility curves of two countries are given below:
Legoland-
Chocolate: 30, 20, 15, 0
Textiles: 0, 20, 30, 60
Elmoland-
Chocolate: 60, 30, 20, 0
Textiles: 0, 15, 20, 30
Refer to the production possibility curves of the two countries. Without trade, the most each country could produce would be:
A. 15 chocolate and 15 textiles.
B. 20 chocolate and 20 textiles.
C. 30 chocolate and 30 textiles.
D. 60 chocolate and 60 textiles.
Answers: 3
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