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disa [49]
2 years ago
9

In a planned economy, which of the following does the JUD

Advanced Placement (AP)
2 answers:
Elis [28]2 years ago
6 0

Answer:

The answer is C)The Government

love history [14]2 years ago
5 0
The government does :)
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<h3>How to solve for the absolute advantage of these countries</h3>

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b. This is in the attachment

c. From the calculated opportunity costs, India has been shown to have the comparative advantage in peanuts so they have to specialize here.

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d) The PPC for each country is a diagram

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Based on this the US would produce 10 units for pecans. They would use 5 units and exchange the remaining 5 units of pecans for 5 units of peanuts from India.

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Read more on production possibility curve here:

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