Reference no: EM131050697
Suppose that there are two products: clothing and soda. Both Brazil and the United States produce each product. Brazil can produce 100,000 units of clothing per year and 50,000 cans of soda. The United States can produce 65,000 units of clothing per year and 250,000 cans of soda. Assume that costs remain constant. For this example, assume that the production possibility frontier (PPF) is a straight line for each country because no other data points are available or provided. Include a PPF graph for each country in your paper.
Complete the following:
What would be the production possibility frontiers for Brazil and the United States?
Without trade, the United States produces AND CONSUMES 32,500 units of clothing and 125,000 cans of soda.
Without trade, Brazil produces AND CONSUMES 50,000 units of clothing and 25,000 cans of soda.
Denote these points on each COUNTRY's production possibility frontier.
Using what you have learned and any independent research you may conduct, which product should each country specialize in, and why?
|
Which caliphate ruled over what is now modern tunisia
: Northern Africa was divided between two Muslim Caliphates at around 1000 AD. While northwestern Africa (essentially, modern Morocco) and southern Spain were ruled by the Umayyads, which Caliphate ruled over what is now modern Tunisia, Libya and Eg..
|
|
Write the estimated equation for marginal revenue
: Write the estimated equation for marginal revenue - Write Domino's estimated AVC equation and write Domino's estimated TVC equation.
|
|
Tiahuanaco and huari empires
: The Tiahuanaco and Huari empires both collapsed around the same time, approximately 1000 AD, leaving room for the rise of the Chimú Empire. All of this happened in which area of the world?
|
|
Explain different factors that positively impact businesses
: In 3 to 4 pages (1' margins, 1 1/2 line spaced, 12 pt. Times New Roman), identify and explain the different factors that positively and negatively impact businesses when considering international markets.
|
|
Denote these points on each country''s production possibility
: Using what you have learned and any independent research you may conduct, which product should each country specialize in, and why?
|
|
Weaknesses of the north that caused
: What were the strengths of the South that enabled it to hold out for four years? What were the weaknesses of the North that caused it to take four years? What were the weaknesses of the South that finally did it in?
|
|
Opportunity to research two trading partners of australia
: The purpose of this assignment is to provide you with an opportunity to research and analyse two trading partners of Australia
|
|
Prepare a note amortization schedule for the first year
: (Negative Amortization) Good-Deal Inc. developed a new sales gimmick to help sell its inventory of new automobiles. Because many new car buyers need financing, Good-Deal offered a low down payment and low car payments for the first year after purc..
|
|
Variety of interest groups
: Question 12 States, cities, and other governments organize collectively through a variety of interest groups, which are collectively referred to as not
|