Reference no: EM1375281
1. Nation X's production possibilities frontier is given through the following table:
Combination Health Care All Other Goods
A 0 200
B 50 180
C 100 140
D 150 80
E 200 0
And Country Y's production possibilities curve is given by:
Combination Health Care All Other Goods
A 0 100
B 40 90
C 80 72
D 120 40
E 160 0
Further suppose that the each country is currently manufacturing and consuming at Point C on its production possibilities frontier.
a. Compute the opportunity cost for providing health care in terms of how much of "all other goods" needs to be given up for each of combinations given above for both Country X and Country Y.
b. Given the current production and consumption levels for each country, which country has a comparative advantage in providing health care? Which has a comparative advantage in producing all other goods?
c. If trade takes place, what is the direction of trade? Which country exports health care and imports all other goods? Is there a limit to how much specialization takes place?
|
Who is the targeted customer
: Describe Shutter fly's business-level strategy. Who is the targeted customer. Which customer needs does the organization satisfy. Explain how does the organization use its competencies to satisfy these needs.
|
|
Explain how could a road map enhance the ability
: Explain how could a road map enhance the ability of the organization to achieve its ethical also regulatory compliance goals.
|
|
Comparative advantage question
: The market for chicken sandwich, considered a normal good, is in equilibrium. Analyze the effect of the following events on equilibrium price and equilibrium quantity of chicken sandwich.
|
|
Llustrate which three recent college graduates have opened
: Three recent college graduates have opened an advertising industry. Illustrate what is the probability which the project will be completed in 24 days or less? 21 days or less
|
|
Compute the opportunity cost
: Nation X's production possibilities frontier is given through the following table, Further suppose that the each country is currently manufacturing and consuming at Point C on its production possibilities frontier.
|
|
Illustrate what would you do as the operations manager
: Nike faced a similar dilemma in Vietnam, where it was accused of paying less than a liveable wage ($1.60 per day). Illustrate what would you do as the Operations Manager.
|
|
Which of the subsequent is one of the primary tasks faced
: Which of the subsequent is one of the primary tasks faced by managers who need to improve organizational communication.
|
|
Illustrate what is the break-even point
: Assume a fixed price of $900, a variable price of $4.50 also a selling price of $5.50. Illustrate what is the break-even point. Explain how many units must be sold to make a profit of $500.00.
|
|
Illustrate what is the minimum-price order quantity
: Illustrate what is the minimum-price order quantity for the shoes. Illustrate what are the annual savings of your inventory policy over the policy presently used.
|