Suppose the united states and mexico both produce hamburgers and tacos. The combinations of the two goods that each country can produce in one day are present in the table below.
USA Mexico
Hamburgers (in tons) Tacos (in tons) Hamburgers (in tons) Tacos (in tons)
0 216 0 120
80 144 16 80
160 72 32 40
240 0 48 0
1. Suppose USA is currently producing 160 tons of hamburgers and 72 tons of tacos, and Mexico is currently producing 32 tons of hamburgers and 40 tons of tacos. If the USA and Mexico each specilize in producing only one good (the good for which each has a comparative advantage), then a total of additional ton(s) can be produced for the two countries combined, and a total of ___ additional ton(s) of tacos can be produced.

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery