Answer - 12 tons of corn and 11 tons of fish
total production of fish= 12/2 + 10/2= 11
Total production of corn= 18/2 + 6/2= 12
Figure 3-12 Argentina's Production Possibilities Frontier Peru's Production Possibilities Frontier 2 Tam (ix 3) + 2...
Figure 3-12 Argentina's Production Possibilities Frontier Peru's Production Possibilities Frontier 1 Cor 1 Coru (ix tons) (ix tons) 2 4 6 8 10 12 14 16 18 20 Fisk (ix tox) 2 4 6 8 10 12 14 16 18 20 Fisk (ix tox5) Assume that Argentina and Peru are the only two countries in this world. If Argentina and Peru both divided their time equally between the production of Corn and Fish, what would be the total global production...
Perry's Production Possibilities Frontier Jordan's Production Possibilities Frontier Refer to Figure 3-4. Perry and Jordan ach divides their time equally between writing novels and writing poems, then total production is a novels and 12 poems b. 3 novels and 12 poems c. 6 novels and 24 poems 2 novels and poems QUESTION 23 Suppose a gardener produces both green beans and com in her garden. If she must give up 14 bushels of com to get 5 bushels of green...
explain please 1/1 Figure 3-20 Canada's Production Possibilities Frontier Mexico's Production Possibilities Frontier 2 1 God Good Y 4 6 + 8 + 10 + + + + + 12 14 16 18 20 + + GoodX 4 6 8 10 12 14 16 18 GevdX Refer to Figure 3-20. Canada would incur an opportunity cost of 6 units of Good X if it increased its production of Good Y by 3 units. 6 units 9 units. 12 units. Correct...
QUESTION 32 1 poin Figure 3-13 Peru's Production Possibilities Frontier Refer to Figure 3-13. Suppose Peru decides to increase its production of emeralds by 2. What is the opportunity cost of this decision? a. 30 rubies b. 40 rubies c. 60 rubies d. 120 rubies
Figure 3-6 Maxine's Production Possibilities Frontier Daisy's Production Possibilities Frontier TA 20 T 3 6 9 12 15 18 21 24 27 30 per 6 9 12 15 18 21 24 27 10 pies 11. Refer to Figure 3-6. If the production possibilities frontiers shown are each for one day of work, then which of the following combinations of pies and tarts could Maxine and Daisy together not make in a given day? a. 2 pies and 25 tarts b....
Figure 1 Costa Rica's Production Possibilities Frontier 20 Ias Honduras's Production Possibilities Frontier Toybeans in pounds) Thousu) 18+ 16+ opp or s opp of C 1.33 € 75 12 Oppots 2 oppore 132 12+ 05 4 6 8 2 4 6 8 10 12 14 16 18 10 12 14 16 18 20 cffe fin pound 30 offe fin pound 11. Refer to Figure 1. At which of the following prices would both Costa Rica and Honduras gain from trade...
Figure 3-9 Uzbekistan's Production Possibilities Frontier Azerbaijan's Production Possbuitiles Fromtier 5 10 15 20 23 30 35 40 45 5r 5 10 15 2 25 3 3540 30 8. Refer to Figure 3-9 a) If Uzbekistan and Azerbaijian each divides its time equally between making bolts and making nails, then total production is bolts andnails b) Label these points on the graph for each country as point A e) If Uzbekistan and Azerbaijan switch from each country dividing its time...
Figure 3-3 Bob's Production Possibilities Frontier Enid's Production Possibilities Frontier 300 00G Aoo 109 0 200 350 300 350 400 a 8 Refer to Figure 33 a) Bob's opportunity cost of one burrito is 1 33 tacos and Enid's opportunity cost of one burrito is b) If Bob and Enid each divide their time equally between the production of tacos and burritos, then total production is 2 50 burrios and 400 ac c) If Bob and Enid decide to completely...
Figure 3-15 Perry’s Production Possibilities Frontier Jordan’s Production Possibilities Frontier 51. Refer to Figure 3-15. Perry has a comparative advantage in the production of a. poems and Jordan has a comparative advantage in the production of novels. b. neither good and Jordan has a comparative advantage in the production of novels. c. novels and Jordan has a comparative advantage in the production of neither good. d. novels and Jordan has a comparative advantage in the production of poems.
The following graph shows the production possibilities frontier for the imaginary country of Contente under conditions of increasing costs. In the absence of trade, the relative cost of corn in Contente in terms of phones (or the marginal rate of transformation (MRT) of corn into phones) is shown by the slope of line t1, tangent to the production possibilities frontier at point A. 300 270 Consumption After Trade 240 210 180 В с CORN (Bushels) 150 120 90 60 30...