sassycutie523
sassycutie523
13.03.2020 • 
Business

The tables give production possibilities data for two countries, Alpha and Beta, which have populations of equal size. Alpha's production possibilities A B C D E Fish (Tons) 80 60 40 20 0 Chips (Tons) 0 5 10 15 20 Beta's production possibilities A B C D E Fish (Tons) 240 180 120 60 0 Chips (Tons) 0 10 20 30 40 Suppose that before specialization and trade, Alpha chose production alternative C and Beta chose production alternative B. After specialization and trade, the gains will be:.
A) 20 tons of fish.
B) 20 tons of chips.
C) 20 tons of fish and 20 tons of chips.
D) 240 tons of fish and 20 tons of chips.

Solved
Show answers

Ask an AI advisor a question