Westeros Middle-Earth Dragon Blood Tree Resurrection Plant Dragon Blood Tree Resurrection Plant 0 135 0 75 50 90 5 50 100 45 10 25 150 0 15 о Using the table above calculate: #1. The opportunity cost for 1 dragon blood tree in Westeros #2. The opportunity cost for 1 resurrection plant in Westeros #3. The opportunity cost for 1 dragon blood tree in Middle-Earth #4. The opportunity cost for 1 resurrection plant in Middle-Earth Assume that in autarky Westeros is producing 100 Dragon Blood Trees and 45 Resurrection Plants, while Middle-Earth is producing 10 Dragon blood tress and 25 Resurrection plants. Illustrate, using the theory of comparative advantage, if there are any gains from specialization and trade in the production of dragon blood trees and resurrection plants. If there are no gains from trade answer NA on the blank. Keep one decimal place 5.1 Gains from trade for dragon blood trees 5.2 Gains from trade for resurrection plants |

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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Question
Westeros
Middle-Earth
Dragon Blood Tree
Resurrection Plant
Dragon Blood Tree
Resurrection Plant
0
135
0
75
50
90
5
50
100
45
10
25
150
0
15
о
Using the table above calculate:
#1. The opportunity cost for 1 dragon blood tree in Westeros
#2. The opportunity cost for 1 resurrection plant in Westeros
#3. The opportunity cost for 1 dragon blood tree in Middle-Earth
#4. The opportunity cost for 1 resurrection plant in Middle-Earth
Assume that in autarky Westeros is producing 100 Dragon Blood Trees and 45 Resurrection Plants, while Middle-Earth is
producing 10 Dragon blood tress and 25 Resurrection plants. Illustrate, using the theory of comparative advantage, if there are
any gains from specialization and trade in the production of dragon blood trees and resurrection plants. If there are no gains
from trade answer NA on the blank. Keep one decimal place
5.1 Gains from trade for dragon blood trees
5.2 Gains from trade for resurrection plants |
Transcribed Image Text:Westeros Middle-Earth Dragon Blood Tree Resurrection Plant Dragon Blood Tree Resurrection Plant 0 135 0 75 50 90 5 50 100 45 10 25 150 0 15 о Using the table above calculate: #1. The opportunity cost for 1 dragon blood tree in Westeros #2. The opportunity cost for 1 resurrection plant in Westeros #3. The opportunity cost for 1 dragon blood tree in Middle-Earth #4. The opportunity cost for 1 resurrection plant in Middle-Earth Assume that in autarky Westeros is producing 100 Dragon Blood Trees and 45 Resurrection Plants, while Middle-Earth is producing 10 Dragon blood tress and 25 Resurrection plants. Illustrate, using the theory of comparative advantage, if there are any gains from specialization and trade in the production of dragon blood trees and resurrection plants. If there are no gains from trade answer NA on the blank. Keep one decimal place 5.1 Gains from trade for dragon blood trees 5.2 Gains from trade for resurrection plants |
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