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Solve only for 8.4
![84
Asserme
there are
2 countries peerducing apples and
oranges. Each country has many workers. The table
gives the number of necessary hours to
produce each.
Clabor is the only input).
8.2
Apple
orange
8.1 тние ог
A
8
5
X > 4
o ex
where
False : country A has an absolute advantage
in producing both goods
True or false : country A
in producing apples for any value of x>5.
has comparative advantage
toute
8.3 True or False: There eacists a value of X such that suuts
country A has a strict comparative advantage in
producing both goods](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F05447daf-349f-45b7-90d4-989ebe591710%2F2c55f373-4e1e-4df4-a498-434fefb11a91%2Fyay81ca_processed.jpeg&w=3840&q=75)
![8.4 if X=Y, trade is not welfare increasing for any country.
7
for this sentence to be true, what is the value of Y?
trade is always good
Weite Y=0 if your
for both countries ".
ir answer is
C](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F05447daf-349f-45b7-90d4-989ebe591710%2F2c55f373-4e1e-4df4-a498-434fefb11a91%2Fyr33m7_processed.jpeg&w=3840&q=75)
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- 7. Assume the below table includes all transactions in a country that produces potatoes and imports Ketchup. The country's GDP is Item Price Quantity Potatoes (domestic consumption) 1 500 Potatoes (export) 1 500 Ketchup (imported; domestic 2 100 consumption) A. 700 В. 800 С. 1,000 D. 1,200 8. In a country where apples are produced and exported but not consumed, a change in the price of apples will affect A. the CPI but not the GDP deflator. B. the GDP deflator but not the CPI. C. both the CPI and the GDP deflator. D. neither the CPI nor the GDP deflator. 9. Structural unemployment occurs because A. it takes time for workers to search for the jobs that best suit their tastes and skills. B. minimum wage laws force the wages to remain above their equilibrium levels. C. some people are economically inactive. D. the number of jobs available in some labour markets is insufficient to provide a job for everyone who wants one.Question 3. MALI Itd produces the following products: Products G U Total Contribution per unit Labour hours £10 £6 £4 5 1 Demand (units) 60 70 80 REQUIRED: (a) First calculate how many hours are needed to produce all products. (b) Second, provided that we are limited to 300 total hrs, how could you distribute the optimal quantity of hours. (c) How many products would you produce in each of them? (d) How could a company such as this with a short-term problem of staff shortages overcome this in the long-term?2. A nation with fixed quantities of resources is able to produce any of the following combinations of carpet and carpet looms: Yards of Carpets (Millions) Carpet Looms u(Thousand}) 50 40 28 10 22 34 19 46 60 These figures assume that a certain number of previously produced looms are available in the current period for producing carpet. a. Using data in the table, graph the ppf (with carpet on the vertical axis) b. What happens to the opportunity cost of carpets measured in number of looms-as carpet production increases from 0 to 10 Million yards, from 10 to 22 Million yards, from 20 to 30 Million yards, and so on? c. If this country chooses to produce both carpets and looms, what will happen to the ppf over time? Why?
- 1. Multiplicationtable: (No need the explanation just the answer pls)A manufacturer has invested P750,000 in a new product and wants to set a price to earn a 15 percent ROI. The cost per unit is P18 and the company expects to sell 50,000 units in the first year. The company's target-return price for this product is P ______. a. 18.23 b.20.25 c.20.70 d.18.10 e.25.202. A ballpen manufacturer have the following costs and expected sales: Variable cost P 10.00 Fixed cost P300,000.00Expected unit sales 50,000 Break-even volume will be P______. a. 30,000 b. 35,000 c. 20,000 d. 25,000 3. If the cost of manufacturing a product is P30 and the item sells for P50, the markup percentage is _____ %. a. 67.7 b. 67.6 c. 66.7 d. 66.8Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. Assume that only one product is being sold in each of the four following case situations: Variable FC EBIT Units Sales Sold cm Per unit Expenses 1 15,000 £180,000 £ 120,000 £? £50,000 £? 2 ? £ 100,000 £? £ 10 £32,000 £8,000 3 10,000 £? £70,000 £ 13 £? £12,000 29 4 6,000 £300,000 £? £? £100,000 £(10,000)3G Asiacell o000. A docs.google.com A certain factory produces 2000Ton per year of its product. Th price of one kilogram is 1.8$. The annual direct production cost is 2million $ when the factory works at its whole capacity. Other fixed costs are 7X10^5 Your email address will be recorded when you submit this form. Not std22000100091@mustaqbal- college.edu.iq? Switch account * Required a) Calculate the value of fixed cost per kg of the product at the break even point. Your answer b) If the selling price increases by 10% calculate the increase in the net profit at the whole capacity assuming the taxes are 48% of the gross profit.
- P1. Let’s assume there are only 2 countries that produce 2 good. More specifically, suppose that the United States (US) and the United Kingdom (UK) each have 2 units of productive resources, 1 used to produce Wine, the other Cloth. The US can produce 40 units of Wine with 1 unit of productive resources and 40 units of Cloth with 1 unit of productive resources. The UK can produce 20 units of Wine with 1 unit of productive resources and 10 units of cloth with 1 unit of productive resources. Using this information, please answer the questions below: 1. What are the gains from trade?Question 1 You have the sole distributor for Lafuma products in Australia (you even got an agreement to prove it). Lately, you noticed that someone is importing the same products in huge quantities from Hong Kong (where it is 40% cheaper) and selling them in Paddy’s, Parklea Market, and other outlets (which are not your retailers) at a substantial discount. Assess the problems that this parallel import has on you. How would this parallel export problem affect Lafuma of France in terms of overall worldwide sales?Problem. 9: A simple economy consists of two industries, services and manufacturing. The production of 1 unit of services requires the consumption of 0.2 units of services and 0.3 units of manufacturing products. The production of 1 unit of manufacturing products requires the consumption of 0.4 units of services and 0.3 units of manufacturing products. (a) Find the total output of goods needed to satisfy a consumer demand of $ 140 million worth of services and $ 150 million worth of manufacturing products. (Round your answers to two decimal places.) services ? million manufacturing products $ ? million (b) Find the value of goods consumed in the internal process of production in order to meet the demand. (Round your answers to two decimal places.) services ? million manufacturing products ? million %24 %24 24
- QUESTION 5 Consider the countries of Scotland and Wales. In one month, Scotland can produce a maximum of 250 wheat or 200 com. Wales can also maximize production of 250 wheat, but their maximum corn output is 350. The marginal opportunity cost of wheat in Scotland is The marginal opportunity cost of wheat in Wales is Therefore. (SCO or WAL) has comparative advantage in com. (SCO or WAL) has comparative advantage in wheat whilePROBLEM 8. The Color Company manufactures and sells two products. The selling prices and variable costs of the products are as follows: Blujets Blupens Selling prices Variable costs P20 P40 8 24 The sales for 2021 were in the ratio of 3 Blujets to 1 Blupen. Sales volume for 2021 was P1 million. Fixed costs for 2020 amounted to P390,000. Requirements: 1. Compute the number of units sold in 2021 for each product. 2. Compute the breakeven sales in pesos and in units. 3. Compute the composite breakeven for the company.Assume for this problem that the countries 1 and 2 in the graph below are the countries of Boonton and Mistania. Each produce Laptops (product 1) and Printers (product 2). A,B, C and D on the graph below represent yearly production in thousands of units associated with producing each good, for each country. A A = 300, B = 750, C = 600, D = 133. Country 1 Product 1 B Product 2 C Country 2 Product 1 D Product 2
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