Multiple Choice
Use the following to answer questions :
Scenario: The Production of Wheat and Toys 
The table describes the production of two goods, wheat and toys, in country A and country B. Each country has a linear production possibility frontier with respect to its production of the two goods. The numbers in each column represent the total number of units each country could produce if it used all of its resources to produce the good.
-(Scenario: The Production of Wheat and Toys) Look at the scenario Production of Wheat and Toys. If each country specializes completely in the good for which it has the comparative advantage, which combination represents a maximum possible amount of total production of the two goods, given the specialization?
A) 50 wheat and 100 toys
B) 50 wheat and 75 toys
C) 25 wheat and 75 toys
D) 100 toys and 25 wheat
Correct Answer:
Verified
Correct Answer:
Verified
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