Labor productivity coefficients for the US and Brazil are given by the following table: CountryWheat per weekClothing per weekLabor(Number of workers)United States28100Brazil12120Suppose each country decides to split its labor force equally on the production of each good. Locate the point on the PPF curve for each country that represents this allocation of labor.What’s their production and consumption combination # at this point?

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Labor productivity coefficients for the US and Brazil are given by the following table:

Country	Wheat per week	Clothing per week	Labor(Number of workers)
United States	2	8	100
Brazil	1	2	120

Suppose each country decides to split its labor force equally on the production of each good. Locate the point on the PPF curve for each country that represents this allocation of labor.
What’s their production and consumption combination # at this point?

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