Dada la siguiente gráfica, Indique si un país tieneventaja comparativa y en la producción de quéproducto.Toneladas 20 Frontera de Posibilidades de Producción de Alambrade leche5Erontera de Posibilidadesde producción de Celto1015Toneladas de azúcarSelect one:a.El país Alambra tiene ventajacomparativa en la producción de leche.b.El país Celto tiene ventaja comparativaen la producción de azúcar.ОC.El país Alambra tiene ventajacomparativa en la producción de azúcar.d.El país Celto tiene ventaja comparativaen la producción de leche.Оe.Ninguna de las alternativas anteriores escorrecta.f. Ningún país tiene ventaja comparativa.О

Referencehttps://www.econlib.org/library/Topics/College/comparativeadvantage.html

Answered: Dada la siguiente gráfica, Indique si…

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter1: Welcome To Economics!

Section: Chapter Questions

Problem 24CTQ: Macroeconomics is an aggregate of what happens at the Microeconomics level. Would it be possible for...

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a. In your backyard at your home you have established a small workshop where you repair theequipment of your home that have gone out of order. Will this act of repairing your own householdequipment count as production? Explain. b. If a fisherman catches fish from river then which factor of production is he using for hisproduction? Explain this factor in detail.
In 2012, an estimated 7.8 million Mexican-born immigrants were employed in the United States. a. If 60 percent of the Mexican-born immigrants remitted money to family members in Mexico in 2012, and if they each sent $100 per month, how much money did they remit in total? b. If, instead, 100 percent of the Mexican-born immigrants remitted money to family members in Mexico in 2012, and if they each sent $250 per month, how much money did they remit in total? c. The actual amount remitted to Mexico in 2012 by Mexicanborn immigrants living in the United States was about $23 billion. If we assume that 75 percent of the Mexicanborn immigrants remitted money to Mexico that year and if we further assume that each of those immigrants remitted an equal amount each month, how much per month did each of those immigrants have to remit to total $23 billion for the year?
What would be another example of a system in the real world serve could serve as a metaphor for micro and macroeconomics?
Provide detailed answer to each of the followinga) Various skills required by entrepreneurs with proper examples for each from thescenario of Pakistanb) Various risks associated with entrepreneurship with proper examples for eachfrom the scenario of Pakistanc) Various characteristics of any two forms/ types of entrepreneurshipd) Advantages of entrepreneurshipe) Discuss contribution of any two leading technopreneurs with the significance oftheir entrepreneurship
La asignación de los recursos, de forma tal que se satisfagan las necesidades de la sociedad de la mejor manera posible, constituye: Grupo de opciones de respuesta a) El principio de equidad en la sociedad. b) Los problemas centrales del qué, cómo y para quién de la organización económica. c) El problema del para quién en la economía. d) La Frontera de Posibilidades de Producción.
why is the market for recycled aluminium good and the market for plastic bad in the US? Depict this with a firm input choice model. I understand that recycled plastic decreases in qualiy everytime it is recycled while aluminium does not and can be recylced without the decrease in quality, but I dont know how to depict this graphically
Nimbus, Inc., makes brooms and then sells themdoor-to-door. Here is the relationship between thenumber of workers and Nimbus’s output during agiven day:Workers OutputMarginalProductTotalCostAverageTotalCostMarginalCost0 0 ____ ________ ____1 20 ____ ________ ____2 50 ____ ________ ____3 90 ____ ________ ____4 120 ____ ________ ____5 140 ____ ________ ____6 150 ____ ________ ____7 155 ____ ____a. Fill in the column of marginal products. Whatpattern do you see? How might you explain it?b. A worker costs $100 a day, and the firm has fixedcosts of $200. Use this information to fill in thecolumn for total cost.c. Fill in the column for average total cost. (Recallthat ATC T 5 C Q/ .) What pattern do you see?d. Now fill in the column for marginal cost.(Recall that MC TC 5 D ∆ / Q.) What patterndo you see?e. Compare the column for marginal productwith the column for marginal cost. Explain therelationship.f. Compare the column for average total costwith the column for marginal cost. Explain…
Alexi and Tony own a food truck that serves only twoitems, street tacos and Cuban sandwiches. As shownin the table, Alexi can make 80 street tacos per hourbut only 20 Cuban sandwiches. Tony is a bit faster andcan make 100 street tacos or 30 Cuban sandwiches inan hour. Alexi and Tony can sell all the street tacos andCuban sandwiches that they are able to produce.Output Per HourStreet Tacos Cuban SandwichesAlexi 80 20Tony 100 30a. For Alexi and for Tony, what is the opportunity cost of a street taco? Who has a comparative advantage in the pro-duction of street tacos? Explain your answer. b. Who has a comparative advantage in the production ofCuban sandwiches? Explain your answer. Assume that Alexi works 20 hours per week in thebusiness. Assuming Alexi is in business on his own, graphthe possible combinations of street tacos and Cubansandwiches that he could produce in a week. Do the samefor Tony.d. If Alexi devoted half of his time (10 out of 20 hours) tomaking street tacos and half of…
Macroeconomics is an aggregate of what happens at the Microeconomics level. Would it be possible for what happens at the macro level to differ from how economic agents would react to some stimulus at the micro level? Hint: Think about the behavior of crowds.
What is productive efficiency? Allocative efficiency?
Give the three reasons that explain why the division of labor increases an economys level of production.
What is scarcity? Can you think of two causes of scarcity?

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