This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Consider the following information about the production of two goods, X and Y, in two countries, A ... (Read 12 times)

Deej

  • Full Member
  • ***
  • Posts: 144
on: Oct 12, 2022
Consider the following information about the production of two goods, X and Y, in two countries, A and B:

•In Country A it takes Xa units of resources to produce one unit of X and Ya units of resources
 to produce one unit of Y.
•In Country B it takes Xb units of resources to produce one unit of X and Yb units of resources
 to produce one unit of Y.
•Assume the amount of resources used to produce the goods in the two countries can be
 compared unambiguously.

TABLE 19-1

Refer to Table 19-1. Country A has an absolute advantage in producing good X if
◦ Xa is less than Ya.
◦ Xa = Xb.
◦ (Xa/Ya) is less than (Xb/Yb).
◦ (Xa/Xb) is less than (Ya/Yb).
◦ Xa is less than Xb.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Deej on Oct 12, 2022

heathercab

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


Deej

  • Member
  • Posts: 144
Reply 2 on: Oct 12, 2022
Gracias!

tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Vaccine Information Sheet (VIS) provided by the CDC for the varicella vaccination. Vaccine Information Sheet (VIS) provided by the CDC for the varicella vaccination.
Many countries do not produce enough food and need to import food from the United States Many countries do not produce enough food and need to import food from the United States
World Crude Oil Production and Reserves (Billions of Barrels) World Crude Oil Production and Reserves (Billions of Barrels)
Life Expectancy in Developing Countries Life Expectancy in Developing Countries
Top Eleven Countries in Year 2009 According to Three Different Measures Top Eleven Countries in Year 2009 According to Three Different Measures
Video: Segmentation and migrating motility complexes & Gastroileal reflex

For a complete list of videos, visit our video library