Which country will experience the larger outward shift

Assignment Help Microeconomics
Reference no: EM13188033

Country A and country B produce the same consumption goods and capital goods and currently have identical production possibilities curves. They also have the same resources at present, and they have access to the same technology.

Currently, country A has chosen to produce more consumption goods, compared with country B. other things being equal, which country will experience the larger outward shift of its PPC during the next year.

Reference no: EM13188033

Questions Cloud

Compute the specific rotation of the compound : Calculate the specific rotation of the compound. An aqueous solution containing 7.33 g of an optically pure compound was diluted to 800.0 mL with water and placed in a polarimeter tube 15.0 cm lon
How many acres should the farmer allow for each vegetable : How many acres should the farmer allow for each vegetable in order to maximize profit?
Research the major middleware providers : The language to use if need is Java. Make sure you cite references and adhere to the academic guidelines for writing a research paper.
What is the year 0 value of operations : Vasudevan Inc. forecasts the free cash flows (in millions) shown below. If the weighted average cost of capital is 13% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the Yea..
Which country will experience the larger outward shift : Country A and country B produce the same consumption goods and capital goods and currently have identical production possibilities curves. They also have the same resources at present, and they have access to the same technology. Currently, countr..
Explain the average concentration of the pollutant : what wind flow rate entering the canyon would produce a pollutant concentration greater than 0.0025 gmol/ft^3 in the air coming out of the canyon?
Find the distance between a and b : a surveyor locates a point C on land such that CAB = 48.8°. He also measures CA as 317 ft and CB as 527 ft. Find the distance between A and B.
Will the future production possibilities curve for nation : Like Physical capital, human capital produced in the present can be applied to the production of future goods and services. consider the table in Problem, 2-11, and suppose that the nation's residents are trying to choose between combination C and..
Solution for the problem and mention algorithms : Explain the purpose of the program as detail as possible and develop a solution for the problem and mention algorithms to be used and list data structures to be used in solution.

Reviews

Write a Review

 

Microeconomics Questions & Answers

  Calculate the degree of operating leverage

What is DynaLinear's breakeven sales volume (in units) for converters and calculate the degree of operating leverage at a projected volume of 14,000 units and explain what the DOL means.

  Find the equilibrium price and quantity in market

I have recently been employed by a new company selling electronic dog feeders. My customer has asked me to gather some information on the supply and demand for feeder,

  Evaluate the financial performance of the company

The cost of other variable inputs is $2,000 per day. You are told that the firm's fixed cost is high enough so that the firm's total costs exceed its total revenue.

  Describing the task of managers

Why is it significant for managers to understand both short run and long run supply and demand? Please give one hypothetical or real life example which illustrates your response.

  What is the new profit maximizing output level

What is the new profit maximizing output level and how many workers are hired at this level

  Draw the budget constraint for a world

Draw the budget constraint for a world with both fixed time costs and fixed money costs of working. What is the effect of fixed costs on the reservation wage?

  Computing optimal output of competitive firm

It is supposed that the liquid soap market is perfectly competitive and current price of a case of liquid soap is $42.00. The firm has estimated it's marginal cost function to be as follows: MC=0.006Q.

  How many units of labor should the firm use

How many units of labor should the firm use in order to produce 400 units of output at the least cost and the minimum cost of producing 800 units of output is what?

  Compare the use of open market operations

Compare the use of open market operations, loans to financial institutions, and changes in reserve requirements to control the money supply on the basis of the following criteria: flexibility, reversibility, effectiveness, and speed of implementat..

  Why is sb omitted

"Suppose Y = $200, C = $140, G = $25, x-m = -5, and T = $25. What is Sp? What is I?" Here is the answer:Yd = Y - T | C + Sp = Y - T | Sp = Y - T - C,Sp = Y - C - T = 200 - 25 - 140 = $35,I = Sp + (T - G) + (x-m) = $35 I = $35 + 0 - 5 = $30

  Monopolistic competition and the factors of production

Oligopoly, Monopolistic Competition,and the Factors of Production - Cooperation between the two prisoners in the prisoners' dilemmagame is difficult to maintain

  Explain cost savings and reduction in risks associated

LG electronics plans to invest $30 million by 2010 to make this happen with the hope that the cost savings and reduction in risks associated with vertical integration justify the investment.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd