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TABLE 1. Use the information in the table to answer following question(s). Production Capability Containers of Snowboards Containers of Dig tal Cameras Austria has 1000
TABLE 1. Use the information in the table to answer following question(s). Production Capability Containers of Snowboards Containers of Dig tal Cameras Austria has 1000 15 containers/unit 8 containers/unit production units: Russia has 1000 12 containers/unit 3 containers/unit prod uction units: a) [2marks] If each country specializes in their production with Austria producing only digital cameras and Russia producing only snowboards, at a trading rate of three snowboards per digital camera, how many cameras and snowboards will be available to be consumed in Russia if they trade 9,000 snowboards to Austria? b) [1 mark] Choose the one alternative that best completes the statement or answers the question. A production unit in Austria has a/an over a production unit in Russia in Absolute disadvantage; snowboards Absolute advantage; both cameras and snowboards Absolute disadvantage; digital cameras None of above oSN % x>
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