Question

Assume the macro islands can produce either 25 fishing boats or 150 jars of guava jelly in one hour. the micro islands can produce either 30 fishing boats or 300 jars of guava jelly in the same time period. this data tells an economist that

Answer 1

In this item it can be observed that the amount of the products that can be done in the microisland is greater compared to those produced in the macroisland. This tells the economist that if he has to choose between two islands, he should choose the microisland whenever he is faced with a challenged of the rate of production of goods.