Question

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In
this case, the country that produces rye will produce million bushels per week, and the country that produces jeans will produce

million pairs per week.

Answer 1

Answer:

In  this case, the country that produces rye will produce 24 million bushels per week, and the country that produces jeans will produce 64  million pairs per week.

Explanation:

Total labor hour = 4 million hour

Number of bushes produce in 1 hour = 6

⇒total bushes produce = 6*4 = 24 million

∴ we get

The country that produces rye will produce 24 million bushels per week

Now,

Total labor hour = 4 million hour

Number of pairs produce in 1 hour = 16

⇒total bushes produce = 16*4 = 64 million

∴ we get

The country that produces jeans will produce 64  million pairs per week.