Scotland also produces two commodities - potatoes and sausages. Table 2 shows Scotland's Production Possibilities Schedule for the two commodities. Table 2: Scotland's Production Possibilities Schedule Scotland - Production Possibilities Schedule Potatoes (pounds per week) Sausage (pounds per week) 250 200 The opportunity cost for Scotland to produce one pound of sausage is: 4/5 pounds of potatoes. 1 1/4 pounds of potatoes 300 pounds of potatoes. D) 200 pounds of potatoes E) 250 pounds of potatoes.

Scotland also produces two commodities - potatoes and sausages. Table 2 shows Scotland's Production Possibilities Schedule for the two commodities. Table 2: Scotland's Production Possibilities Schedule Scotland - Production Possibilities Schedule Potatoes (pounds per week) Sausage (pounds per week) 250 200 The opportunity cost for Scotland to produce one pound of sausage is: 4/5 pounds of potatoes. 1 1/4 pounds of potatoes 300 pounds of potatoes. D) 200 pounds of potatoes E) 250 pounds of potatoes.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter3: Interdependence And The Gains Rrom Trade

Section: Chapter Questions

Problem 4PA

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Chile's Production Possibilities Frontier Colombia's Production Possibilities Frontier ↑soydeans TEx pounds) ↑ soydeans 20 (in pounds) 18 18 16 16 14 14 12 12 10 10 6 4- +%> 16 18 20 coffee (in pounds 2 4 8 10 12 14 2 4 6 8 10 12 14 16 18 20 coffee spunod ng) Refer to Figure 3-8. If the production possibilities frontiers shown are each for one day of production, then which of the following combinations of pounds of coffee and pounds of soybeans could Chile and Colombia together not make in a given day? O a. 4 pounds of coffee and 17 pounds of soybeans O b. 8 pounds of coffee and 14 pounds of soybeans O . 16 pounds of coffee and 9 pounds of soybeans O d. 24 pounds of coffee and 3 pounds of soybeans