Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Two​ countries, Alpha and​ Beta, have identical production possibilities frontiers. What is the outcome if Alpha produces at point A and Beta produces at point B​?

Sagot :

Answer:

C.) Alpha consumes more than Beta today, but it will grow slower than Beta.

Explanation:

In the case when the two countries i.e. Alpha and beta have the same kind of production probabilities so the outcome when the alpha  produced at point A while beta produced at point b is that the alpha consumers more than beta but the growth is slow as compared to beta because the beta is the point where there is a large capital but the less consumption. And, when there is a more capital goods so the growth if we compared with the alpha growth

View image andromache
View image andromache
We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.