Business, 13.08.2019 05:30 jjaerere1086

Suppose that in columbia, one unit of labor can produce 4 tons of papayas or 2 tons of bananas, while in brazil one unit of labor can produce either 2 tons of papayas or 4 tons of bananas. if each country has 2 units of labor, which of the following consumption combinations can be attained only with specialization and trade? (a) brazil consumes 8 tons of bananas and no papayas.(b) columbia consumes 8 tons of papayas and no bananas.(c) columbia consumes 4 tons of papayas and 4 tons of bananas.(d) brazil consumes 2 tons of papayas and 4 tons of bananas.

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Suppose that in columbia, one unit of labor can produce 4 tons of papayas or 2 tons of bananas, whil...

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