Business, 07.03.2020 04:29 jaueuxsn

Suppose a worker in Germany can produce 15 computers or 5 tons of grain per month. Suppose a worker in Poland can produce 4 computers or 4 tons of grain per month. Graph the PPF/PPC for each country on one graph. Make sure to leave room for the JOINT PPF to be added later. What is the opportunity cost of a computer in Germany? What is the opportunity cost of a computer in Poland? What is the opportunity cost of a ton of grain in Germany? What is the opportunity cost of a ton of grain in Poland? Which country has the comparative advantage in computers? Which country has the comparative advantage in grain? What is a reasonable rate of exchange of computers for grain? (In other words, what might be the terms of trade that both nations would agree to?

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Suppose a worker in Germany can produce 15 computers or 5 tons of grain per month. Suppose a worker...

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