Germany Production Possibilities   (Production Alternatives) Product A B C D E F Autos 0 4 8 12 16 20 Chemicals 40 32 24 16 8 0    U.S. Production Possibilities   (Production Alternatives) Product A B C D E F Autos 0 3 6 9 12 15 Chemicals 60 48 36 24 12 0    The data in the accompanying production possibilities tables (in millions of units) suggest that production in   Multiple Choice   Germany is subject to increasing opportunity costs and in the United States to constant opportunity costs.   the United States is subject to increasing opportunity costs and in Germany to constant opportunity costs.   both Germany and the United States is subject to constant opportunity costs.   both Germany and the United States is subject to increasing opportunity costs.

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 8SQ
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  Germany Production Possibilities
  (Production Alternatives)
Product A B C D E F
Autos 0 4 8 12 16 20
Chemicals 40 32 24 16 8 0
 
  U.S. Production Possibilities
  (Production Alternatives)
Product A B C D E F
Autos 0 3 6 9 12 15
Chemicals 60 48 36 24 12 0
 

 

The data in the accompanying production possibilities tables (in millions of units) suggest that production in

 

Multiple Choice
  •  
    Germany is subject to increasing opportunity costs and in the United States to constant opportunity costs.
  •  
    the United States is subject to increasing opportunity costs and in Germany to constant opportunity costs.
  •  
    both Germany and the United States is subject to constant opportunity costs.
  •  
    both Germany and the United States is subject to increasing opportunity costs.
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