subject
Business, 03.08.2019 11:00 sierranicasio

1.suppose that in a year an american worker can produce 100 shirts or 20 computers and a chinese worker can produce 100 shirts or 10 computers. a. for each country, graph the production possibilities frontier. suppose that without trade the workers in each country spend half their time producing each good. identify this point in your graphs. b. if these countries were open to trade, which country would export shirts? give a specific numerical example and show it on your graphs. which country would benefit from trade? explain.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 3
question
Business, 22.06.2019 17:30
What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?
Answers: 1
question
Business, 23.06.2019 02:30
Cadillac's portfolio consists of sedans, a crossover, a sport utility vehicle, and a high-performance version of the sedan. the sedans are sold through the cadillac dealer network, but the high-performance version is sold in limited volumes and is not available at all dealers. this difference in availability is an example of how the products within the cadillac portfolio are differentiated by the
Answers: 3
question
Business, 23.06.2019 15:30
Describe at least one way in which a line of credit is different from a loan.
Answers: 1
You know the right answer?
1.suppose that in a year an american worker can produce 100 shirts or 20 computers and a chinese wor...
Questions
question
Biology, 24.05.2021 17:50
question
Mathematics, 24.05.2021 17:50
Questions on the website: 13722367