This topic contains a solution. Click here to go to the answer

Author Question: Refer to the information provided in Table 33.1 below to answer the question(s) that follow. Refer ... (Read 77 times)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

brutforce

  • Hero Member
  • *****
  • Posts: 540

Question 1

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. Guatemala should specialize in and export ________, and Mexico should specialize in and export ________.


◦ oranges; oranges
◦ bananas; bananas
◦ bananas; oranges
◦ oranges; bananas

Question 2

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. Before specialization, Mexico produces 120 bushels of oranges and 80 bushels of bananas, and Guatemala produces 40 bushels of oranges and 20 bushels of bananas. After specialization, the increase in orange production is


◦ 10 bushels of oranges.
◦ 20 bushels of oranges.
◦ 25 bushels of oranges.
◦ 40 bushels of oranges.



ergserg

  • Sr. Member
  • ****
  • Posts: 338

Answer 1

bananas; oranges

Answer 2

40 bushels of oranges.



lilldybug07

  • Hero Member
  • *****
  • Posts: 546

Question 1

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. Before specialization, Mexico produces 160 bushels of oranges and 40 bushels of bananas, and Guatemala produces 30 bushels of oranges and 40 bushels of bananas. After specialization, the increase in banana production is


◦ 10 bushels of bananas.
◦ 15 bushels of bananas.
◦ 20 bushels of bananas.
◦ 40 bushels of bananas.

Question 2

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. For both countries to benefit from trade, the terms of trade must be between ________ bushel(s) of oranges to bushel(s) of bananas.


◦ 1:1/2 and 1:4
◦ 2:3 and 2:1
◦ 1:1 and 1:1/2
◦ 1:1 and 1:2.



aloop

  • Sr. Member
  • ****
  • Posts: 315

Answer 1

20 bushels of bananas.

Answer 2

1:1 and 1:2.




aloop

  • Sr. Member
  • ****
  • Posts: 315

 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

For a complete list of videos, visit our video library