How many manufactures could b supply

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Reference no: EM13150676

Country A has 3500 labor units and can produce manufactures and food. A’s producers take 2 units of labor to produce a unit of manufactures and 7 units to produce a unit of food. Country B has 2000 units of labor and takes 1 units of labor to produce a unit of manufactures and 5 units to produce a unit of food. At what price of food in terms of manufactures would A and B respectively supply food? Would trade take place between A and B in David Ricardo’s world? How many manufactures could B supply?

Reference no: EM13150676

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