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Using The Production Possibilities Frontiers For Women And Men Provided

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Name: Instructors Name: Course: Date Due: Question 1 Using the production possibilities frontiers for WOMEN and MEN provided below, explain which group has a comparative advantage over which type of Goods. Men earn and continue to earn higher incomes than women and thus have a comparative advantage over women. Women have a comparative advantage over men on Childcare and can be justified by their specialization in household chores. Not only does the scientific reasoning reinforce this sexual division of labor, women’s low wages and the assumed comparative advantage in child care is used to privilege their contribution to human capital. (Himmelweit, Simonetti, & Trigg, 2001) What will keep each group from trying to overcharge the other for their specialized product? Children are an important source of enjoyment for both groups and make a couple specialize during a relationship and thus prevent each group from overcharging. (Parkman, 2000) What are some of the barriers to trade that might keep the two groups apart even if there are mutually beneficial gains from exchange possible? Jobs Demand unexpected overtime and travel and thus keep these two groups apart as rejecting jobs will make them worse off. NUMBER TWO {60 points}. Suppose there is market for airfares to Caribbean Beach Vacation Destinations (CBVDs). Consider the following list of factors which might influence the market for CBVDs: I. A and F occur at the same time The increase in

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