Business, 25.04.2021 04:00 aasiarobinson998

The nations of Pamland and Lillytonia can produce two goods, DVD players and wheat. In a single year, Pamland can produce 150 DVD players
or 300 bushels of wheat and Lillytonia can produce 200 DVD players or
600 bushels of wheat. Which of the following deals would Pamland and
Lillytonia be willing to accept? *
A) There are no deals for trade that Lillytonia would be willing to accept because
Lillytonia could make more of both goods.

B) Lillytonia sells 1/4 bushels of wheat to Pam and gets 1 DVD player in return.

C) Lillytonia sells 4 bushels of wheat to Pam and gets 1 DVD player in return.

D) Lillytonia sells 2.5 bushels of wheat to Pam and gets 1 DVD player in return.

D) Lillytonia sells 2/5 bushels of wheat to Pam and gets 1 DVD player in return

Answers: 3

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The nations of Pamland and Lillytonia can produce two goods, DVD players and wheat. In a single ye...

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