Antarctica Arctica Frozen fish Party ice Frozen fish Party ice (pounds per week) (pounds per week) 318 and 318 and 212 and 53 212 and 106 106 and 106 106 and 212 and 159 and 318

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Antarctica
Arctica
Frozen fish
Party ice
Frozen fish
Party ice
(pounds per week)
(pounds per week)
318
and
318
and
212
and
53
212
106
and
and
106
and
106
106
212
and
159
and
318
Transcribed Image Text:Antarctica Arctica Frozen fish Party ice Frozen fish Party ice (pounds per week) (pounds per week) 318 and 318 and 212 and 53 212 106 and and 106 and 106 106 212 and 159 and 318
Two countries, Antarctica and Arctica, produce only two goods: frozen fish and party ice
The table gives their production possibilities.
With specialization and trade, what does Antarctica produce? What does Arctica produce?
Antarctica produces pounds of frozen fish
Arctica produces pounds of party ice
Transcribed Image Text:Two countries, Antarctica and Arctica, produce only two goods: frozen fish and party ice The table gives their production possibilities. With specialization and trade, what does Antarctica produce? What does Arctica produce? Antarctica produces pounds of frozen fish Arctica produces pounds of party ice
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