Vega and Sentra are two countries that both produce chicken and vegetables. In Vega each worker in a one-hour period can produce either 9.05 pounds of chicken or 5.76 pounds of vegetables. In Sentra each worker in a one-hour period can produce either 25.49 pounds of chicken or 8.17  pounds of vegetables. Suppose both countries have constant opportunity cost of production and decide to specialize and exchange. The country that specializes in vegetables is willing to sell 19 pounds of vegetables for at least  pounds of chicken. Enter a numerical value, rounded to two decimal places.

Suppose that in the country of England, two goods can be produced on available agricultural land: wine and wool. Suppose that the opportunity costs of production are constant, so that the PPF is a straight line. Further, when all resources are devoted to wine production, England can produce 200 (thousand) barrels. When all resources are devoted to wool production, England can produce 400 (thousand) bushels of wool.What are the opportunity costs in England of producing a bushel of wool?

The U.S. and Mexico both produce vehicles and tons of plastic, which are sold for the same price in both countries.  Suppose that with one unit of labor and one unit of capital, the U.S. can produce either 20 vehicles or 43 tons of plastic and Mexico can produce either 10 vehicles or 18 tons of plastic.  What is the opportunity cost of producing one vehicle (in terms of tons of plastic) for the U.S.?

Isabella and Antonio are auto mechanics. Isabella takes 4 hours to replace a clutch and 2 hours to replace a set of brakes. Antonio takes 6 hours to replace a clutch and 2 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage. Instructions: Enter your responses rounded to two decimal places. The opportunity cost of replacing a set of brakes for Isabella is The opportunity cost of replacing a set of brakes for Antonio is has a comparative advantage in brake replacement. has a comparative advantage in clutch replacement. V has an absolute advantage in brake replacement. V has an absolute advantage in clutch replacement. Antonio Isabella Neither Isabella

Isabella and Antonio are auto mechanics. Isabella takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. Antonio takes 4 hours to replace a clutch and 2 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage. Instructions: Enter your responses rounded to two decimal places. The opportunity cost of replacing a set of brakes for Isabella is The opportunity cost of replacing a set of brakes for Antonio is has a comparative advantage in brake replacement. has a comparative advantage in clutch replacement. has an absolute advantage in brake replacement. has an absolute advantage in clutch replacement. Antonio Isabella Antonio Antonio

Before the first Gulf War, Kuwait had the capacity to produce a certain amount of oil from its oil wells. After the war, it found that capacity greatly diminished because the oil wells were on fire. Draw Kuwait's PPF before and after the war, assuming that the only two goods produced are oil and food. Further assume that setting the oil wells on fire did not affect Kuwait's ability to produce food. Explain why the PPF before the war is different from the PPF after the war.

Suppose that in the country of England, two goods can be produced on available agricultural land: wine and wool. Suppose that the opportunity costs of production are constant, so that the PPF is a straight line. Further, when all resources are devoted to wine production, England can produce 200 (thousand) barrels. When all resources are devoted to wool production, England can produce 400 (thousand) bushels of wool. What are the opportunity costs in England of producing a barrel of wine? Type your numeric answer and submit

In Islandia, a small economy, Jack and Jill shall make their production and consumption decisions together. Jack can produce either 8 kg banana or 8.8 kg tea per day. Jill can produce either 8 kg banana or 19.2 kg tea per day. Suppose now they are open to trade with the rest of the world. The price of banana is $2/kg and the price of tea is $1/kg in the world market. Suppose Islandia is small enough that its behavior will not affect the world prices. If they are going to consume 7 kg banana, then, they will end up consuming a total of  [Answer] kg tea. (In decimal numbers, with two decimal places, please.) Please answer with all the steps, to help me understand the solution. Will give a positive rating.

Isabella and Antonio are auto mechanics. Isabella takes 4 hours to replace a clutch and 2 hours to replace a set of brakes. Antonio takes 6 hours to replace a clutch and 2 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage. Instructions: Enter your responses rounded to two decimal places.   The opportunity cost of replacing a set of brakes for Isabella is  of a clutch replacement.   The opportunity cost of replacing a set of brakes for Antonio is  of a clutch replacement.                has a comparative advantage in brake replacement.                has a comparative advantage in clutch replacement.                has an absolute advantage in brake replacement.                has an absolute advantage in clutch replacement.

Once again, consider Babs and Donna, who can each produce cake, beer, or some combination of the two using only 40 hours of labor each. Babs can produce a maximum of 50 cakes if she produces no beer, and 100 units of beer if she produces no cake. Donna can produce a maximum of 100 cakes with no beer produced; if she makes no cake, she can produce 120 units of beer. has the comparative advantage in cake production; has the comparative advantage in beer production. O Donna; Donna O Donna; Babs O Babs; Babs O Babs; Donna MacBook Air 吕口 F3 D00 F4 F5 F6 II F7 F8 $ & * 4 5 7 8. E Y U F G H J K 6