The production possibility curves of two countries are given below:. Legoland-
Chocolate: 30, 20, 15, 0
Textiles: 0, 20, 30, 60
Elmoland-
Chocolate: 60, 30, 20, 0
Textiles: 0, 15, 20, 30Refer to the production possibility curves of the two countries. Without trade, the most each country could produce would be:.A. 15 chocolate and 15 textiles. B. 20 chocolate and 20 textiles. C. 30 chocolate and 30 textiles. D. 60 chocolate and 60 textiles.

In a "dutch auction" for new stock, individual investors place bids for shares directly. each potential bidder indicates the price he or she is willing to pay and how many shares he or she will purchase at that price. the highest price that permits the company to sell all the shares it wants to sell is determined, and this is the "market clearing price." all bidders who specified this price or higher are allowed to purchase their shares at the market clearing price. true false