Table 3-5 Labour hours needed to make one unit: Amount produced in 40 hours: Cheese Bread Cheese
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Question:
Table 3-5
Labour hours needed to make one unit: | Amount produced in 40 hours: | |||
Cheese | Bread | Cheese | Bread | |
England | 1 | 2 | 40 | 20 |
Spain | 2 | 8 | 20 | 5 |
Refer to Table 3-5. How could England and Spain benefit?
Select one:
a. by England specializing in cheese and Spain specializing in bread
b. by England specializing in neither good and Spain specializing in both goods
c. by England specializing in both goods and Spain specializing in neither good
d. by England specializing in bread and Spain specializing in cheese
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