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Author Question: This table shows how much wine and cheese can each be produced in Spain and Portugal with one unit ... (Read 95 times)

heyheyhey

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on: Oct 12, 2022
This table shows how much wine and cheese can each be produced in Spain and Portugal with one unit of equivalent resources. Initially there is no trade. Once trade opens up, transportation costs are assumed to be zero.

​Wine
(Units)		Cheese
(Units)
Spain28
Portugal23
TABLE 19-5

Refer to Table 19-5. The opportunity cost of cheese in terms of wine is
◦ 3 in Portugal.
◦ 4 in Spain.
◦ 1/4 in Spain.
◦ 3/2 in Portugal.
◦ 2 in each country.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by heyheyhey on Oct 12, 2022

breounasmoot

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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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heyheyhey

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Reply 2 on: Oct 12, 2022
Excellent

peter

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

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