Question

Suppose that Costa Rican worker Carlos can produce elther 100 pounds of coffee or 1 computer per week, and a second worker, Maria, can produce elther 150 pounds of coffee or 1 computer per week. Both Carlos and Maria work 50 weeks per year Instructions: Enter all values as absolute numbers. a. Carlos' opportunlty cost of producing a computer is pounds of coffee, and Maria's opportunity cost of producing a computer is pounds of coffee both workers completely specialize in the production of one good, then together they can produce ethercomputers or pounds of coffee per year If both workers Instead completely specialize according to their respective comparative advantage, then together they can produce pounds of coffee per year computers and b. Assume that world prices are such that 1 computer trades for 125 pounds of coffee on international markets and that Costa Rica Is open to trade. If computers can elther be produced domestically or Imported from abroad In exchanged for Costa Rican coffee, then the maximum number computers that Carlos and Marla can consume ls To obtaln this number of computers, Carlos will produce (Click to select)and Marla will produce (Click to select If coffee can elther be produced domestically or Imported from abroad In exchanged for Costa Rican computers, then the maximum amount of coffee that Carlos and Marla can consume Is pounds. To obtaln thls amount of coffee, Carlos will produce Yad Marla will produce (Click to select Click to select C. Assume Instead that world prices are such that 1 computer trades for 50 pounds of coffee on Internatlonal markets and Costa Rica Is open to trade. (Hint Note that In this scenario, both Carlos and Marla now have opportunity costs per computer of over 125 pounds of If both workers Instead completely speclalize according to thelr respective comparative advantage, then together they can produce computers and pounds of coffee per year b. Assume that world prices are such that 1 computer trades for 125 pounds of coffee on International markets and that Costa Rica Is open to trade If computers can elther be produced domestically or Imported from abroad In exchanged for Costa Rican coffee, then the maximum number computers that Carlos and Marla can consume is LClick to selecti -and Maria wlll produc To obtaln this number of computers, Carlos will produce If coffee can elther be produced domestically or Imported from abroad In exchanged for Costa Rican computers, then the maximum amount of coffee that Carlos and Marla can consume is pounds. To obtaln this amount of coffee, Carlos will produce ▼ | and Maria will produce L ck to select C. Assume Instead that world prices are such that 1 computer trades for 50 pounds of coffee on International markets and Costa Rica Is open to trade. (Hint Note that In this scenario, both Carlos and Marla now have opportunity costs per computer of over 125 pounds of coffee.) If computers can either be produced domestically or Imported from abroad In exchanged for Costa Rican coffee, then the maximum number computers that Carlos and Marla can consume is To obtaln this number of computers, Carlos will produce Click to select)and Marla will produce Click If coffee can elther be produced domestically or Imported from abroad In exchanged for Costa Rican computers, then the maxlmum amount of coffee that Carlos and Marla can consume s pounds. To obtaln this amount of coffee, Carlos will produce LClick to select) ▼ | and Maria will produce L ck to select

Answer 1

cost a Mario uno, mo duu