The countries USA and China produce computers and rice using only labor as an input. Available Labor for USA and China is 6000 and 2000 respectively. Unit of labor per computer in USA is 6 units and in China are 5 units. USA needs 2 units of labor to produce rice and China needs 1 unit of labor. Draw the PPC by using relevant information. (6*2=10 marks)b) Which country has the comparative advantage in producing rice? (1*5=5 marks)
The countries USA and China produce computers and rice using only labor as an input. Available Labor for USA and China is 6000 and 2000 respectively. Unit of labor per computer in USA is 6 units and in China are 5 units. USA needs 2 units of labor to produce rice and China needs 1 unit of labor. Draw the PPC by using relevant information. (6*2=10 marks)b) Which country has the comparative advantage in producing rice? (1*5=5 marks)
Oh no! Our experts couldn't answer your question.
Don't worry! We won't leave you hanging. Plus, we're giving you back one question for the inconvenience.
Submit your question and receive a step-by-step explanation from our experts in as fast as 30 minutes.
You have no more questions left.
Message from our expert:
Hi and thanks for your question! Unfortunately, per our honor code, graded questions cannot be answered.
We've credited a question back to your account. Apologies for the inconvenience.
Your Question:
The countries USA and China produce computers and rice using only labor as an input. Available Labor for USA and China is 6000 and 2000 respectively. Unit of labor per computer in USA is 6 units and in China are 5 units. USA needs 2 units of labor to produce rice and China needs 1 unit of labor.
Draw the PPC by using relevant information. (6*2=10 marks)
b) Which country has the comparative advantage in producing rice? (1*5=5 marks)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![MACROECONOMICS FOR TODAY](https://www.bartleby.com/isbn_cover_images/9781337613057/9781337613057_smallCoverImage.gif)
![Micro Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613064/9781337613064_smallCoverImage.gif)
![Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613040/9781337613040_smallCoverImage.gif)
![MACROECONOMICS FOR TODAY](https://www.bartleby.com/isbn_cover_images/9781337613057/9781337613057_smallCoverImage.gif)
![Micro Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613064/9781337613064_smallCoverImage.gif)
![Economics For Today](https://www.bartleby.com/isbn_cover_images/9781337613040/9781337613040_smallCoverImage.gif)
![Survey Of Economics](https://www.bartleby.com/isbn_cover_images/9781337111522/9781337111522_smallCoverImage.gif)
![Economics:](https://www.bartleby.com/isbn_cover_images/9781285859460/9781285859460_smallCoverImage.gif)