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Question 11 (1 point) Suppose that Spain and France both produce ships and grapes, which are sold for the same price in both countries. The table below shows the produce in one year using the same amounts of capital and labor. What is the opportunity cost of producing one ship (in terms of tons of grapes) for France? Provide your answer as a number rounded to two decimal places. Do not include any symbols, such as s, , %, or , in your answer. combinations of the two goods that each country can Spain France Ships Grapes (in tons) 75 60 45 30 15 Ships Grapes (in tons) 50 40 10 20 30 40 50 15 30 45 60 75 20 10 Your Answer: Answer
Question 12 (1 point) Suppose that Spain and France both produce ships and grapes, which are sold for the same price in both countries. The table below shows the combinations of the two goods that each country can produce in one ear using the same amounts of capital and labor. Which country has a comparative advantage growing grapes Spain Ships Grapes (in tons) 75 60 Ships 15 30 45 60 75 Grapes (in tons) 50 40 30 20 10 30 15 0 9 Spain. France. Both France and Spain. Neither France nor Spain
Question 13 (1 point) Suppose that Spain and France both produce ships and grapes, which are sold for the same price in both countries. The table below shows the combinations of the two goods that each country can produce in one year using the same amounts of capital and labor. Which country has a comparative advantage ships? Spain France Ships Grapes (in tons) Grapes (in tons) 75 60 Ships 15 30 45 30 20 30 15 75 Both France and Spain. France. Neither France nor Spain. Spain.
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