ZuoTi.Pro
Question



A German worker takes 500 hours to produce a car and 5 hours to produce a case of wine. A French worker takes X hours to produce a cara hours to produce a case of wine.
business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

L6sS usra OD 4 Thus OptonA nitt cost o Kas 1s le ss than opportoni ost oF produ cost Usmon牛 千(10c) Thus th veSs Thus opion Ban pP

0 1
Add a comment
Know the answer?
Add Answer to:
A German worker takes 500 hours to produce a car and 5 hours to produce a...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • A German worker takes 600 hours to produce a car and 3 hours to produce a case of wine. A French worker takes X hou...

    A German worker takes 600 hours to produce a car and 3 hours to produce a case of wine. A French worker takes X hours to produce a car and 4 hours to produce a case of wine. For what values of X will gains from trade be possible?For what values of X will Germany export cars and import wine? 

  • Attempts: Average: 2 13. Problems and Applications Q7 worker takes 600 hours to produce a car...

     A German worker takes 400 hours to produce a car and 2 hours to produce a case of wine. A French hours to produce a case of wine. For what values of X will gains from trade be possible?For what values of X will Germany export cars and import wine? 

  • I need the values of x for each question and could you explain how you came...

    I need the values of x for each question and could you explain how you came up with it? thanks! 7. Problems and Applications Q7 A German worker takes 400 hours to produce a car and 2 hours to produce a case of wine. A French worker takes X hours to produce a car and 3 hours to produce a case of wine For what values of X will gains from trade be possible? Check all that apply. 650 700...

  • 1. Suppose that in an hour a German worker can produce 200 clothes or 20 cars,...

    1. Suppose that in an hour a German worker can produce 200 clothes or 20 cars, while a Japanese worker can produce 150 clothes or 10 cars. Each country has 8 hours available.        (a) Suppose that without trade the labour in each country spend 25% of their time producing clothes. How many clothes and cars would Germany produce?   2. Suppose that in an hour a German worker can produce 200 clothes or 20 cars, while a Japanese worker can...

  • Suppose that in an hour a German worker can produce 200 clothes or 20 cars, while...

    Suppose that in an hour a German worker can produce 200 clothes or 20 cars, while a Japanese worker can produce 150 clothes or 10 cars. Each country has 8 hours available.       (c) If these countries were open to trade, which country would export clothes? (1 mark) Explain.(2 marks) (d) At what price should the two countries trade? (2 marks) Explain.(2 marks)

  • On average, each unit produced by the Kantor Company takes 0.90 worker hours and 0.02 hours...

    On average, each unit produced by the Kantor Company takes 0.90 worker hours and 0.02 hours of machine time. Furthermore, each worker and machine is available 160 hours a month. Use these planning values and the following sales order forecast to estimate a) The number of worker hours and machine hours needed each month b) The number of actual workers and machines needed each month (rounded to the nearest whole number) Month Sales Forecast October 44,000 November 52,000   December 68,000...

  • Assume that both Italy and France can produce cheese and wine. Italian workers can produce either...

    Assume that both Italy and France can produce cheese and wine. Italian workers can produce either 200 cases of wine or 600 pounds of cheese in one month and French workers can produce 250 cases of wine or 500 pounds of cheese in one month. Assume constant opportunity costs. Graph the PPF/PPC for each country on a single graph Which country has the absolute advantage in wine? ___________ Which country has the absolute advantage in cheese? __________ What is the...

  • In a particular country in 2008, the average worker had to work 40 hours to produce...

    In a particular country in 2008, the average worker had to work 40 hours to produce 100 units of output. In that same country in 2018, the average worker needed to work 35 hours to produce 94.5 units of output. In that country, the productivity of the average worker a. increased by 2 percent between 2008 and 2018. b. increased by 8 percent between 2008 and 2018. c. remained unchanged between 2008 and 2018. d. decreased by 2 percent between...

  • 1.) Suppose it takes Zeeland 5 labor hours to make each car and 15 labor hours...

    1.) Suppose it takes Zeeland 5 labor hours to make each car and 15 labor hours to make each robot, while it requires Antigo 1 labor hours to make each car and 10 labor hours to make each robot. Further suppose each nation has 90 labor hours available. 2.) What is the opportunity cost of one car for Antigo and for Zeeland? What about for one robot? 3.) Suppose each nation specializes according to comparative advantage and then trades with...

  • Saudi Arabia can produce 100 barrels of oil using 100 worker hours or 25 bushels of...

    Saudi Arabia can produce 100 barrels of oil using 100 worker hours or 25 bushels of corn using 100 worker hours. United States can produce 50 barrels of oil using 100 worker hours or 100 bushels of corn using 100 worker hours. Which country has the absolute advantage in oil? Group of answer choices Saudi Arabia United States Neither country has an absolute advantage. There is not enough data to calculate.

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT