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Sublight2097 Sublight2097
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8 years ago
Suppose firms in Hong Kong can produce 40,000 plastic dolls or 80,000 squirt guns each week, while firms in Taiwan can produce 40,000 plastic dolls or 40,000 squirt guns each week. Therefore
A) People in Hong Kong sacrifice two dolls for every squirt gun produced.
B) People in Taiwan sacrifice two dolls for every squirt gun produced.
C) People in Hong Kong sacrifice 2 squirt guns for every doll produced.
D) none of the above are true.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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8 years ago
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Sublight2097 Author
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#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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#3
8 years ago
Happy to assist!
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