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Author Question: The following production possibilities schedule shows the quantities of soybeans and oil that can ... (Read 77 times)

booty5

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on: Oct 12, 2022
The following production possibilities schedule shows the quantities of soybeans and oil that can each be produced in Canada and Mexico with one unit of equivalent resources.

​Soybeans
(bushesls)		Oil
(barrels)
Canada6010
Mexico248
TABLE 19-3

Refer to Table 19-3. If Canada were to transfer half a unit of resources from oil to soybeans and Mexico were to transfer one unit of resources from soybeans to oil, the effect on the total output of the two countries would be as follows:
◦ Oil production would increase by 8 barrels.
◦ Soybean production would increase by 6 bushels and oil production would increase by 3 barrels.
◦ Soybean production would increase by 30 bushels.
◦ Soybean production would increase by 36 bushels and oil production would decrease by 2 barrels.
◦ Soybean production would increase by 6 bushels and oil production would increase by 2.02 barrels.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by booty5 on Oct 12, 2022

bball_babe_123

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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.
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booty5

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Reply 2 on: Oct 12, 2022
Excellent

shewald78

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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