Given the data in the chart above, which statement explains why these three countries would benefit from specialization and trad
e?
Select one:
a. Each country has an absolute advantage in one activity.
b. No country has an absolute advantage in all activities.
c. One country has a comparative advantage in all activities.
d. One country has an absolute advantage in all activities.
Select one:
a. Each country has an absolute advantage in one activity.
b. No country has an absolute advantage in all activities.
c. One country has a comparative advantage in all activities.
d. One country has an absolute advantage in all activities.
1 answer:
You might be interested in
A geometry program can show you the total displacement is about 10.14 miles.
_____
You can use a vector calculator to find the solution, too. Using bearing angles, the sum is
4∠90° + 3∠135° + 3∠180° + 4∠225° + 3∠90° ≈ 10.1390∠141.6354°
_____
If you want to do it by hand, you can recognize the sum will be
7 miles east + 3 miles south + 3 miles southeast + 4 miles southwest
Distances that are not in the direction of one of the coordinate axes can be translated to rectangular coordinates by
displacement*(cos(angle), sin(angle))
Angles can be measured in the conventional way—from the positive x-axis. A direction of southeast will be +315° or -45°. A direction of southwest will be +225° or -135°.
Then the sum of the displacements in rectangular coordinates is ...
= (7, -3) + 3*(cos(-45°), sin(-45°)) + 4*(cos(-135°), sin(-135°))
= (7, -3) + ((√2)/2)*((3, -3) + (-4, -4))
= (7, -3) + 0.707107*(-1, -7)
= (6.2929, -7.9497)
Then the Pythagorean theorem is used to find the direct distance from home to this displaced location.
d = √(6.2929² +(-7.9497)²) ≈ √102.7990
d ≈ 10.1390 . . . . miles
_____
You can use a vector calculator to find the solution, too. Using bearing angles, the sum is
4∠90° + 3∠135° + 3∠180° + 4∠225° + 3∠90° ≈ 10.1390∠141.6354°
_____
If you want to do it by hand, you can recognize the sum will be
7 miles east + 3 miles south + 3 miles southeast + 4 miles southwest
Distances that are not in the direction of one of the coordinate axes can be translated to rectangular coordinates by
displacement*(cos(angle), sin(angle))
Angles can be measured in the conventional way—from the positive x-axis. A direction of southeast will be +315° or -45°. A direction of southwest will be +225° or -135°.
Then the sum of the displacements in rectangular coordinates is ...
= (7, -3) + 3*(cos(-45°), sin(-45°)) + 4*(cos(-135°), sin(-135°))
= (7, -3) + ((√2)/2)*((3, -3) + (-4, -4))
= (7, -3) + 0.707107*(-1, -7)
= (6.2929, -7.9497)
Then the Pythagorean theorem is used to find the direct distance from home to this displaced location.
d = √(6.2929² +(-7.9497)²) ≈ √102.7990
d ≈ 10.1390 . . . . miles