Reference no: EM13203219
Alpha and Beta, two tiny islands off the east coast of Tricoli, produce pearls and pineapples. The following production possibilities schedules describe in their potential output in tons per years.
Do not graph or illustrate - only provide numerical answers for part a-c)
Alpha Beta
Pearls Pineapples Pearls Pineapples
0 30 0 20
2 25 10 16
4 20 20 12
6 15 30 8
8 10 40 4
10 5 45 2
12 0 50 0
a. Graph the production possibilities confronting each island.
b. What is the opportunity cost of pineapples on each island (before trade)?
c. Which island has a comparative advantage in pearl production?
d. Graph the consumption possibilities of each island with free trade?
e. If Beta produced only pearls,
i. How many could it produce?
ii. How many pearls would it have to export to get 20 pineapples in return?
iii. What is the net gain to Beta in this case?
|
Where do customer expectations come from
: Where do customer expectations come from? How can they be managed?
|
|
Debt-generated tax shield
: How much of the firm's value is accounted for by the debt-generated tax shield and how much better off will UF's a shareholder be if the firm borrows $20 more and uses it to repurchase stock
|
|
Effective buying index
: How might you use the “effective buying index (EBI)” (Hatten, 2009, p. 349 to help you decide on the location for your business?
|
|
Determine symbolic representation for the series
: Find a general term an for the arithmetic sequence given by a1=-3 and d=5. Enter your answer by giving just the expression for the term an, so for instance if you find an=8n-7, you would enter your answer as just 8n-7, using no spaces or upper cas..
|
|
Which island has a comparative advantage in pearl production
: Alpha and Beta, two tiny islands off the east coast of Tricoli, produce pearls and pineapples. The following production possibilities schedules describe in their potential output in tons per years. Do not graph or illustrate - only provide numerica..
|
|
Geographic information systems
: How does “geographic information systems (GIS)” software enable an entrepreneur to make a good strategic decision about where to locate a business?
|
|
Hurricane heading westward toward florida
: The strongest winds in a hurricane heading westward toward Florida would most likely be found on the __ side.
|
|
State an estimate of the average cost of gasoline
: The line y = 0.15x + 0.79 represents an estimate of the average cost of gasoline each year. The line 0.11x -y =-0.85 estimates the price of gasoline in January of each year.
|
|
Find the volume of the soup bowl
: A soup bowl can be modeled as a solid of revolution formed by revolving the graph of y=(x/2)^0.5+1,0≤x≤4,about the x-axis. Use this model, where x and y are measured in inches, to find the volume of the soup bowl.
|