Table Assume that England and France can switch between producing motorcycles and producing tanks at a constant rate. Hours Needed to Make 1 Quantity Produced in 2400 Hours Motorcycles Tanks Motorcycles 30 Tanks 16 England France 150 80 50 150 48 16 Refer to Table. England's opportunity cost of one motorcycles is e a. 5 tanks and France's opportunity cost of one motorcycle is 1/3 tank. Ob.5 tanks and France's opportunity cost of one motorcycle is 3 tanks. Oc 1/5 tank and France's opportunity cost of one motorcycle is 1/3 tank. od 1/5 tank and France's opportunity cost of one motorcycle is 3 tanks.
Table Assume that England and France can switch between producing motorcycles and producing tanks at a constant rate. Hours Needed to Make 1 Quantity Produced in 2400 Hours Motorcycles Tanks Motorcycles 30 Tanks 16 England France 150 80 50 150 48 16 Refer to Table. England's opportunity cost of one motorcycles is e a. 5 tanks and France's opportunity cost of one motorcycle is 1/3 tank. Ob.5 tanks and France's opportunity cost of one motorcycle is 3 tanks. Oc 1/5 tank and France's opportunity cost of one motorcycle is 1/3 tank. od 1/5 tank and France's opportunity cost of one motorcycle is 3 tanks.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains From Trade
Section: Chapter Questions
Problem 8PA
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explain it correctly
![QUESTION 20
Table
Assume that England and France can switch between producing motorcycles and producing tanks at a constant rate.
Hours Needed to Make 1
Quantity Produced in 2400 Hours
Motorcycles
Tanks
Motorcycles
Tanks
16
England
France
30
150
80
50
150
48
16
Refer to Table. England's opportunity cost of one motorcycles is
na. 5 tanks and France's opportunity cost of one motorcycle is 1/3 tank.
b.5 tanks and France's opportunity cost of one motorcycle is 3 tanks.
Oc 1/5 tank and France's opportunity cost of one motorcycle is 1/3 tank.
od. 1/5 tank and France's opportunity cost of one motorcycle is 3 tanks.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F73e0637b-0fec-48d2-a62f-9e8aa4964bc7%2F54b51414-a4c2-4f4b-9ec5-56c931b84944%2F66y5ile_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 20
Table
Assume that England and France can switch between producing motorcycles and producing tanks at a constant rate.
Hours Needed to Make 1
Quantity Produced in 2400 Hours
Motorcycles
Tanks
Motorcycles
Tanks
16
England
France
30
150
80
50
150
48
16
Refer to Table. England's opportunity cost of one motorcycles is
na. 5 tanks and France's opportunity cost of one motorcycle is 1/3 tank.
b.5 tanks and France's opportunity cost of one motorcycle is 3 tanks.
Oc 1/5 tank and France's opportunity cost of one motorcycle is 1/3 tank.
od. 1/5 tank and France's opportunity cost of one motorcycle is 3 tanks.
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