Show me how to post my homework

Just do my homework!

  • HTML tags will be transformed to conform to HTML standards.
  • Add rel="nofollow" to external links
Submitted by neel on Tue, 2013-01-22 12:39
due on Sat, 2013-01-26 12:37
answered 2 time(s)
neel is willing to pay $15.00
neel bought 756 out of 1819 answered question(s)

Economics assignment

Suppose that there are two products: clothing and soda. Both Brazil and the United States produce each product. Brazil produces 100,000 units of clothing per year and 50,000 cans of soda. The United States produces 65,000 units of clothing per year and 250,000 cans of soda. Assume that costs remain constant.

  • What would be the production possibility frontiers for Brazil and the United States?
    • Without trade, the United States produces 26,000 units of clothing and 150,000 cans of soda.
    • Without trade, Brazil produces 40,000 units of clothing and 30,000 cans of soda.
    • Denote these points on each other’s production possibility frontier.
  • What is the marginal transformation rate for each country?
    • Should the two countries specialize and trade?
    • If so, who has the comparative advantage in what product?
    • Once they specialize, how much does output increase?
  • What are the terms of trade if the United States trades 1 can of soda for 5 units of clothing?
    • Are the consumers in each country better off?
Submitted by neel on Tue, 2013-01-22 12:42
teacher rated 555 times
purchased 2 times
price: $15.00

Specialization in Production

body preview (3 words)



xxxxxxxxxxxxxx in Production 

file1.doc preview (1129 words)


xxxxxxxxxxxxxx in xxxxxxxxxx


xxxxxxxxxx’s Name:

xxxxxxx 21, 2013


Specialization in xxxxxxxxxx

Production possibility xxxxxxxx xxxxx is a chart xx xxxxx xxxx xxxxxxxxx xxx xxxxxxxxxx xxxxx xx two xxxxxxxxxxx that utilize xxx same fixed xxxxx xx xxxxxxxxxx xxxxxxxx The PPF curve explains xxx highest particular xxxxxxxxxx level xx xxx product xx a xxxxxxxxxxx of production xxxxx xx another. xxx ultimate aim xx xx xxxxxxxx xxxxxxxxxx xxxxxxxxxx in the xxxxxxxxxxx of xxx xxxxxxxxxx xxxxxxxxxx xxxx For xx economy to xxxxxxxx xxx quantity of goods, production of another xxx xx xx sacrificed (Lipsey, 1975). xxx gradient xx xxx xx any point in xxxx xx the opportunity xxxx of production.

xxx xxx xxxxxxx

xxxxxxxx that xxx xxxxxxxxxxx cost xxx production of xxx xxx commodities xx xxxxxxxxx the PPF xxxx take x xxxxxxxx line. In other words, in the xxxx xx

- - - more text follows - - -

Buy this answer

Try it before you buy it
Check plagiarism for $2.00