Economics Final Eam Schoolog X . mops schoology. com/assignment/4798032925/assessmen t
(05.04 MC)
Hours to Produce One Liquid Unit
worker hours worker hours
to produce to produce
olive oil wine
35
60
40
45
35
45
additional worker hours
to produce wine
instead of olive oil
?
?
?
Greece
France
Italy
Given the data in the chart above, which of the following trade scenarios is the most efficient? (4 points)
O
a
Greece and Italy produce olive oil; France produces wine.
b
Italy produces olive oil; France and Greece produce wine.
Ос
Greece and France produce olive oil; Italy produces wine.
France produces olive oil; Greece and Italy produce wine.
Od