Project 4 Part 2.docx - 11 Refer to Table 19.1 In Germany...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
11. Refer to Table 19.1. In Germany, the opportunity cost of 1 case of wine is: A 1/2 case of beer B 1 case of beer C 2 cases of beer D 5 cases of beer 12. Refer to Table 19.1. For both countries to benefit from trade, the terms of trade must be between ________ case(s) of beer to case(s) of wine. A 2:3and2:1 B1:1/2and C1:1and1:2 D1:1and 1:4 1:1/2 13. Refer to Table 19.1. In Chile, the opportunity cost of 1 case of beer is: A) 1/2 case of wine. B) 1 cases of wine. C 2 cases of wine. D 4 cases of wine. 14. Refer to Table 19.1. In Germany, the opportunity cost of 1 case of beer is: A) 1/2 case of wine. B) 1 cases of wine. C 2 case of wine. D cases of wine. ) 15. Refer to Table 19.1. In Chile, the opportunity cost of 1 case of wine is: A) 1/2 case of beer B) 1 cases of beer C 2 case of beer D 4 cases of beer
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
16. Refer to Table 19.1. The opportunity cost of producing a case of beer in Germany is: A) twice as much as that in Chile. B) four times as much as that in Chile. C the same as that in Chile. D half as much as that in Chile.
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern