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Two countries each produce only pork and apples. Peru can produce either 25 thousand pounds of pork or 50 thousand pounds of apples per year. Nicaragua can produce either 20 thousand pounds of pork or 80 thousand pounds of apples per year.Suppose the countries completely specialize and they decide to trade 8 thousand pounds of pork for 24 thousand pounds of apples.After trade, Peru can consume          thousand pounds of pork and                                      thousand pounds of apples. After trade, Nicaragua can consume           thousand pounds of pork and                        thousand pounds of apples.

Question

Two countries each produce only pork and apples. Peru can produce either 25 thousand pounds of pork or 50 thousand pounds of apples per year. Nicaragua can produce either 20 thousand pounds of pork or 80 thousand pounds of apples per year.

Suppose the countries completely specialize and they decide to trade 8 thousand pounds of pork for 24 thousand pounds of apples.

After trade, Peru can consume          thousand pounds of pork and                                      thousand pounds of apples. 

After trade, Nicaragua can consume           thousand pounds of pork and                        thousand pounds of apples.

check_circleAnswer
Step 1

The table shows production of pork an...

(Thousand Apples (Thousand OC
Pork
of
of
1
OC
1
of pound
pounds)
pounds)
pound
of
Apple
Pork
50/25 2
25/50 0.5
Peru
25
50
Nicaragua
80/20 4
20/80 0.25
20
80
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(Thousand Apples (Thousand OC Pork of of 1 OC 1 of pound pounds) pounds) pound of Apple Pork 50/25 2 25/50 0.5 Peru 25 50 Nicaragua 80/20 4 20/80 0.25 20 80

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