Question 4 Assume there are only 6 counties in a country, and there are only three industries (beer, bread and shirts) that employ people. The employment numbers are given in the Table below: Employment Beer Employment Bread Employment Shirts 200 County 1 County 2 County 3 County 4 County 5 County 6 4 45 10 6 12 120 10 10 60 10 16 10 20 12 60 12 Calculate the ELQ8 for the following county and industry combinations: (a) Beer in County 2 (b) Bread and County 6 (c) Shirts and County 2
Question 4 Assume there are only 6 counties in a country, and there are only three industries (beer, bread and shirts) that employ people. The employment numbers are given in the Table below: Employment Beer Employment Bread Employment Shirts 200 County 1 County 2 County 3 County 4 County 5 County 6 4 45 10 6 12 120 10 10 60 10 16 10 20 12 60 12 Calculate the ELQ8 for the following county and industry combinations: (a) Beer in County 2 (b) Bread and County 6 (c) Shirts and County 2
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Question 4
Assume there are only 6 counties in a country, and there are only three industries (beer,
bread and shirts) that employ people. The employment numbers are given in the Table
below:
Employment Beer Employment Bread Employment Shirts
200
County 1
County 2
County 3
County 4
County 5
County 6
4
45
10
6
12
120
10
10
60
10
16
10
20
12
2
60
12
Calculate the ELQS for the following county and industry combinations:
(a) Beer in County 2
(b) Bread and County 6
(c) Shirts and County 2](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3522a27d-2b25-4777-be58-3671d1b264b4%2Fb9c28bfb-2602-4b5b-b4c5-30d31fdd8a58%2Fn6o5uyp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 4
Assume there are only 6 counties in a country, and there are only three industries (beer,
bread and shirts) that employ people. The employment numbers are given in the Table
below:
Employment Beer Employment Bread Employment Shirts
200
County 1
County 2
County 3
County 4
County 5
County 6
4
45
10
6
12
120
10
10
60
10
16
10
20
12
2
60
12
Calculate the ELQS for the following county and industry combinations:
(a) Beer in County 2
(b) Bread and County 6
(c) Shirts and County 2
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