Microeconomics (2nd Edition) (Pearson Series in Economics)
Microeconomics (2nd Edition) (Pearson Series in Economics)
2nd Edition
ISBN: 9780134492049
Author: Daron Acemoglu, David Laibson, John List
Publisher: PEARSON
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Chapter 8, Problem 3P

(a)

To determine

The easterners have a comparative advantage in the production of defense.

(b)

To determine

Whether the country is having more food to consume or not if both, easterners and westerners are producing 60 units of defense.

(c)

To determine

The anticipation from the calculation done in the part (b).

(d)

To determine

The total food production from both easterners and westerners if there exists a military draft and randomly 20 persons get selected from both easterners and westerners each.

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