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 44 times)

tyratatyanna

  • Full Member
  • ***
  • Posts: 137
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 a comparative advantage in producing good X if
◦ Xa = Xb.
◦ (Xa/Ya) is greater than (Xb/Yb).
◦ Xa is less than Yb.
◦ (Xa/Xb) is greater than (Ya/Yb).
◦ (Xa/Ya) is less than (Xb/Yb).
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 tyratatyanna on Oct 12, 2022

bleep bloop

  • Full Member
  • ***
  • Posts: 173
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


tyratatyanna

  • Member
  • Posts: 137
Reply 2 on: Oct 12, 2022
Excellent

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

A Simplified Model of Information Flow in Human Memory A Simplified Model of Information Flow in Human Memory
Shippers Declaration for Dangerous Goods Shippers Declaration for Dangerous Goods
The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ... The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ...
The CHRIS manual entry for toluene. Useful information includes response information, chemical and ... The CHRIS manual entry for toluene. Useful information includes response information, chemical and ...
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
No gene interaction in the production of feather color in budgerigar parakeets No gene interaction in the production of feather color in budgerigar parakeets
Video: Bulk flow - factors that influence bulk flow

For a complete list of videos, visit our video library