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Blababa [14]
3 years ago
10

Maldonia has a comparative advantage in the production of sugar , while desonia has a comparative advantage in the production of

potatoes . suppose that maldonia and desonia specialize in the production of the goods in which each has a comparative advantage. after specialization, the two countries can produce a total of million pounds of sugar and million pounds of potatoes.
Business
1 answer:
steposvetlana [31]3 years ago
6 0
Maldonia must give up 8 units of TEA to get 16 units of lemons, while Desonia must give up 8 units of tea to get 4 get units of lemons. Hence the opportunity cost of productivity are units of lemon for Maldonia -0.5y(-8/16), and for Desonia it is -2y(-8/4).This means Maldonia has comparative advantage in producing lemon and Desonia has comparative advantage in tea.
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I am considering buying a new sports car like a Ford Mustang. Another sports car that would not likely compete head-to-head like
AURORKA [14]

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Brand Competition

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In this case, what makes the Ford Mustang and the Audi R8 is the price. The Ford brand is significantly cheaper than the Audi brand, which might give Ford the upper hand in market share. However, this is not always the case because the Audi car could have the upper hand when it comes to quality, and obtain more marke share because of that.

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All the long-term debt of a government, including the long-term debt that will be financed by Enterprise Fund revenues, is repor
Studentka2010 [4]

Answer: False

Explanation:

False.

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The U.S. Department of Agriculture guarantees dairy producers that they will receive at least $1.00 per pound for butter they su
DedPeter [7]

Answer:

1. Equilibrium price ,p = $1.20 per pound, equilibrium quantity = 95 million pounds.

2. Surplus = 0

Explanation:

1. From the question,

the equilibrium price = 1.20

The equilibrium quantity = 95 million per pounds.

Equilibrium is gotten when Quantity supplied = quantity demanded.

2. When price floor == $1.00

Quantity demanded = 101

Quantity supplied = 79

Monthly surplus = 79 - 101 = -22

Quantity demanded > quantity surplus.

This implies that there is no surplus.

Surplus = 0

3. If a decrease in cost of feeding cows shift supply by 40 million we will have new supply schedule =

New qs = Qs + 40

63+40 = 103

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79+40 = 119

87+40= 127

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119 + 40 = 159

127 + 40 = 167

135 + 40 = 175

143 + 40 = 183

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