Question
Suppose that the resource base in Country x can produce either 100 units of alpha or 300 units of beta. Similarly, suppose that Country Y's
Suppose that the resource base in Country
x
can produce either 100 units of alpha or 300 units of beta. Similarly, suppose that Country Y's resource base is capable of producing 100 units of alpha or 200 betas. Clearly, the opportunity cost of 100 alphas is lower in Country
Y^(TT)
.\ Based on this result, it would be best for Country
x
to concentrate on good\ Complete the following table to reveal the changes in production if country
x
stops producing alphas while country
Y
shifts resources out of its beta industry to concentrate on alphas.\ Hypothetical changes in Production\ \\\\table[[,units of alpha,units of beta],[country
x
,-,+],[\\\\table[[country
Y
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