The countries of Orion and Scorpius are small mountainous nations. Both produce granite and blueberries. Each nation has a labor force of 800. The table below gives production per month for each worker in each country. Assume productivity is constant and identical for each worker in each country. Orion Scorpius Orion workers Scorpius workers Tons of Granite Bushels of Blueberries 6 3 9 7 has a comparative advantage in the production of granite. has a comparative advantage in the production of blueberries. Use the graph to sketch the PPFs for both countries. 1.) Using the line drawing tool, sketch the production possibility frontier for Orion. Label your line 'PPFo Orion 2.) Using the line drawing tool, sketch the production possibility frontier for Scorpius. Label your line 'PPF Scorpius' Carefully follow the instructions above and only draw the required objects. Given that, without trade, each country will want to consume an equal number of tons of granite and bushels of blueberries. Orion will produce and consume 2880 units of both granite and blueberries. Scorpius will produce and consume 1680 units of both granite and blueberries. Total production and consumption will be 4560 units of both granite and blueberries. If the countries decide to trade and each country completely specializes, Orion will produce 4800 tons of granite and Scorpius will produce 5600 bushels of blueberries. Orion and Scorpius 6.0 5.6 5.2 4.8 4.4- 4.0- 3.6- 3.2 2.8- 2.4- 2.0 1.6- 1.2 0.8- Granite (thousands of tons) 0.4- 0.0+ 0.0 0.8 1.6 2.4 3.2 4.0 4.8 5.6 6.4 7.2 8.0 Blueberries (thousands of bushels) ☑ 1.) Using the line drawing tool, sketch the production possibility frontier for Orion. Label your line 'PPF Orion' 2.) Using the line drawing tool, sketch the production possibility frontier for Scorpius. Label your line 'PPF Scorpius Carefully follow the instructions above and only draw the required objects. Given that, without trade, each country will want to consume an equal number of tons of granite and bushels of blueberries. Orion will produce and consume 2880 units of both granite and blueberries. Scorpius will produce and consume 1680 units of both granite and blueberries. Total production and consumption will be 4560 units of both granite and blueberries. If the countries decide to trade and each country completely specializes, Orion will produce 4800 tons of granite and Scorpius will produce 5600 bushels of blueberries. World production of granite increases by 240 tons and world production of blueberries increases by 1040 bushels. Assume 1,920 tons of granite are traded for 3,920 bushels of blueberries. Orion will consume 2880 tons of granite and 3920 bushels of blueberries. Scorpius will consume 1920 tons of granite and 1680 bushels of blueberries. Compared to no trade, Orion consumers increased consumption of granite. consumption of blueberries and did not change Compared to no trade, Scorpius consumers did not change consumption of blueberries and increased consumption of granite. Granite (thousands of tons) Orion and Scorpius 6.0 5.6 5.2 4.8- 4.4- 4.0 3.6 3.2- 2.8 2.4- 2.0 1.6- 1.2- 0.8- 0.4- 0.0 0.0 0.8 1.6 2.4 3.2 4.0 4.8 5.6 6.4 7.2 8.0 Blueberries (thousands of bushels) ☑

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains Rrom Trade
Section: Chapter Questions
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check if my answers are right for the questions and draw the graphs for me please

The countries of Orion and Scorpius are small mountainous nations. Both produce granite and blueberries. Each nation
has a labor force of 800. The table below gives production per month for each worker in each country. Assume
productivity is constant and identical for each worker in each country.
Orion
Scorpius
Orion workers
Scorpius workers
Tons of
Granite
Bushels of
Blueberries
6
3
9
7
has a comparative advantage in the production of granite.
has a comparative advantage in the production of blueberries.
Use the graph to sketch the PPFs for both countries.
1.) Using the line drawing tool, sketch the production possibility frontier for Orion. Label your line 'PPFo
Orion
2.) Using the line drawing tool, sketch the production possibility frontier for Scorpius. Label your line 'PPF Scorpius'
Carefully follow the instructions above and only draw the required objects.
Given that, without trade, each country will want to consume an equal number of tons of granite and bushels of
blueberries.
Orion will produce and consume 2880 units of both granite and blueberries.
Scorpius will produce and consume 1680 units of both granite and blueberries.
Total production and consumption will be 4560 units of both granite and blueberries.
If the countries decide to trade and each country completely specializes, Orion will produce 4800 tons of granite and
Scorpius will produce 5600 bushels of blueberries.
Orion and Scorpius
6.0
5.6
5.2
4.8
4.4-
4.0-
3.6-
3.2
2.8-
2.4-
2.0
1.6-
1.2
0.8-
Granite (thousands of tons)
0.4-
0.0+
0.0 0.8 1.6 2.4 3.2 4.0 4.8 5.6 6.4 7.2 8.0
Blueberries (thousands of bushels)
☑
Transcribed Image Text:The countries of Orion and Scorpius are small mountainous nations. Both produce granite and blueberries. Each nation has a labor force of 800. The table below gives production per month for each worker in each country. Assume productivity is constant and identical for each worker in each country. Orion Scorpius Orion workers Scorpius workers Tons of Granite Bushels of Blueberries 6 3 9 7 has a comparative advantage in the production of granite. has a comparative advantage in the production of blueberries. Use the graph to sketch the PPFs for both countries. 1.) Using the line drawing tool, sketch the production possibility frontier for Orion. Label your line 'PPFo Orion 2.) Using the line drawing tool, sketch the production possibility frontier for Scorpius. Label your line 'PPF Scorpius' Carefully follow the instructions above and only draw the required objects. Given that, without trade, each country will want to consume an equal number of tons of granite and bushels of blueberries. Orion will produce and consume 2880 units of both granite and blueberries. Scorpius will produce and consume 1680 units of both granite and blueberries. Total production and consumption will be 4560 units of both granite and blueberries. If the countries decide to trade and each country completely specializes, Orion will produce 4800 tons of granite and Scorpius will produce 5600 bushels of blueberries. Orion and Scorpius 6.0 5.6 5.2 4.8 4.4- 4.0- 3.6- 3.2 2.8- 2.4- 2.0 1.6- 1.2 0.8- Granite (thousands of tons) 0.4- 0.0+ 0.0 0.8 1.6 2.4 3.2 4.0 4.8 5.6 6.4 7.2 8.0 Blueberries (thousands of bushels) ☑
1.) Using the line drawing tool, sketch the production possibility frontier for Orion. Label your line 'PPF Orion'
2.) Using the line drawing tool, sketch the production possibility frontier for Scorpius. Label your line 'PPF Scorpius
Carefully follow the instructions above and only draw the required objects.
Given that, without trade, each country will want to consume an equal number of tons of granite and bushels of
blueberries.
Orion will produce and consume 2880 units of both granite and blueberries.
Scorpius will produce and consume 1680 units of both granite and blueberries.
Total production and consumption will be 4560 units of both granite and blueberries.
If the countries decide to trade and each country completely specializes, Orion will produce 4800 tons of granite and
Scorpius will produce 5600 bushels of blueberries.
World production of granite increases by 240 tons and world production of blueberries increases by 1040 bushels.
Assume 1,920 tons of granite are traded for 3,920 bushels of blueberries.
Orion will consume 2880 tons of granite and 3920 bushels of blueberries.
Scorpius will consume 1920 tons of granite and 1680 bushels of blueberries.
Compared to no trade, Orion consumers increased
consumption of granite.
consumption of blueberries and did not change
Compared to no trade, Scorpius consumers did not change consumption of blueberries and increased
consumption of granite.
Granite (thousands of tons)
Orion and Scorpius
6.0
5.6
5.2
4.8-
4.4-
4.0
3.6
3.2-
2.8
2.4-
2.0
1.6-
1.2-
0.8-
0.4-
0.0
0.0 0.8 1.6 2.4 3.2 4.0 4.8 5.6 6.4 7.2 8.0
Blueberries (thousands of bushels)
☑
Transcribed Image Text:1.) Using the line drawing tool, sketch the production possibility frontier for Orion. Label your line 'PPF Orion' 2.) Using the line drawing tool, sketch the production possibility frontier for Scorpius. Label your line 'PPF Scorpius Carefully follow the instructions above and only draw the required objects. Given that, without trade, each country will want to consume an equal number of tons of granite and bushels of blueberries. Orion will produce and consume 2880 units of both granite and blueberries. Scorpius will produce and consume 1680 units of both granite and blueberries. Total production and consumption will be 4560 units of both granite and blueberries. If the countries decide to trade and each country completely specializes, Orion will produce 4800 tons of granite and Scorpius will produce 5600 bushels of blueberries. World production of granite increases by 240 tons and world production of blueberries increases by 1040 bushels. Assume 1,920 tons of granite are traded for 3,920 bushels of blueberries. Orion will consume 2880 tons of granite and 3920 bushels of blueberries. Scorpius will consume 1920 tons of granite and 1680 bushels of blueberries. Compared to no trade, Orion consumers increased consumption of granite. consumption of blueberries and did not change Compared to no trade, Scorpius consumers did not change consumption of blueberries and increased consumption of granite. Granite (thousands of tons) Orion and Scorpius 6.0 5.6 5.2 4.8- 4.4- 4.0 3.6 3.2- 2.8 2.4- 2.0 1.6- 1.2- 0.8- 0.4- 0.0 0.0 0.8 1.6 2.4 3.2 4.0 4.8 5.6 6.4 7.2 8.0 Blueberries (thousands of bushels) ☑
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