resulosa resulosa

01-11-2022
Business

Answered

Suppose that workers in the United States can produce 40 computers or 20 tons of coffee in a particular period. Suppose workers in Brazil can produce 30 computers or 10 tons of coffee in the same period.
a. What is the opportunity cost for computers and for coffee in each country?
b. Which country has a comparative advantage in the production of computers, and which has a comparative advantage in the production of coffee?
c. Choose terms of trade that would make both countries better off.

Answer :

Other Questions

if a country takes advantage of the comparative advantage of some resources over others, its production possibility curve is likely to be:

Scenario You are working on the reception of a busy law practice. Your job role requires that you answer the telephone, greet and deal with clients (offering co

Question: Read following article given and decide if the specimen answers below are applied in context to the article.Article: FruitStax is a manufacturing busi

Choose a country other than the United States— maybe a country you would like to visit someday, or a country that speaks a language you have learned or that som

the u.s. can produce 30 blankets and 15 chairs. germany can produce 10 blankets and 12 chairs. who has the absolute advantage in blankets?

Which of these people is part of the labor force? A. an eighth-grader with a paper route B. a retired salesperson C. a full-time college student D. an a

if the price level of what firms produce is rising across an economy, but the costs of production are constant, then:

sami's search for new technologies that can be used in the production processes is plant is an example of which type of management skill?

Based on what you've read, answer the following questions. Living with Inflation In the Chapter 6, read the “Living With Inflation” section and complete questio

explain why the production of capital goods as opposed to consumer goods will result in faster future economic growth.