Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
B is the wrong answer
Transcribed Image Text:**Table Overview: Hours of Labor per Unit of Output for Goods in Spain and France**
| Goods | Spain | France |
|-----------|-------|--------|
| Grapes | 8 | 15 |
| Textiles | 4 | 5 |
*Note: Figures are hours of labor per unit of output.*
**Explanation:**
This table displays the number of labor hours required to produce one unit of each good in Spain and France. For grapes, Spain requires 8 hours per unit, whereas France requires 15 hours. In textiles, Spain requires 4 hours per unit, compared to France's 5 hours. This data is useful for understanding productivity and efficiency in these two countries for the given goods.
Transcribed Image Text:**Question 44**
If France has a labor force of 30,000 hours of labor, after trade begins, it will produce _______________ (A: 2000 units of grapes; B: 6000 units of textiles; C: 2000 units of grapes and 6000 units of textiles; D: 200 units of grapes and 400 units of textiles).
The correct answer, as selected, is option **B**: 6000 units of textiles.
Note: In the image, options B and C have been crossed out, with B being selected as the final answer.
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