Elucidate how many units of fish could it now consume

Assignment Help Business Economics
Reference no: EM1322821

Q. Assume that a worker in Boat land can produce either 5 units of wheat or 25 units of fish every year also a worker in Farmland can produce either 25 units of wheat or 5 units of fish every year. There are 30 workers in each country. No trade occurs between the 2 countries. Boat land produces also consumes 75 units of wheat also 375 units of fish every year while Farmland produces also consumes 375 units of wheat also 75 units of fish every year. If trade were to occur, Boat land would trade 90 units of fish to Farmland in exchange for 80 units of wheat. If Boat land now completely specializes in fish production, elucidate how many units of fish could it now consume along with the 80 units of imported wheat?

Reference no: EM1322821

Questions Cloud

Analyzing the database schema : OrderLine (OrderNum, PartNum, NumOrdered, QuotedPrice), Part (PartNum, Description, OnHand, Class, Warehouse, Price), On the basis of code above, list the number and name of all the customers.
Computing mean of single-server queuing system : Entities arrive at single-server queuing system at average of 4 per hour and server can service average of 5 per hour. Mean in the queue is?
Multiple coefficient of determination : From the above function, it can be said that the expected yearly income of and find the multiple coefficient of determination
Transformational leadership style : The biggest difference is the leadership styles. At job A your supervisor has more of a charismatic leadership style, while at job B the supervisor has more of a transformational leadership style. Which company do you select, why?
Elucidate how many units of fish could it now consume : elucidate how many units of fish could it now consume along with the 80 units of imported wheat.
Protecting against the attack : Major corporations, governments, and the other organizations are hacked every week, mostly by the means of phishing the attacks. Explain how users and IT organizations must arm themselves against these attacks.
Implementing a new payroll system for business : You have decided to implement a new payroll system for your business. Review the following business requirements and highlight any potential issues.
Question based on multiple regression : Multiple choice question based on multiple regression - The coefficient of determination for this model is
Why would consumers demandlong run if the price : Why would consumers demand 0 minutes in the long run if the price was $.30 every minute.

Reviews

Write a Review

Business Economics Questions & Answers

  Taiwans government hoped would emerge in its epzs

Illustrate what is the "incubator effect" that Taiwan's government hoped would emerge in its EPZs.

  Consumption change in absolute dollars

How much does consumption change this year in absolute dollars ($ ΔC) as a result of a $5,000 annual tax cut to your income, if the tax cut.

  2 products in an economy

Explain how do I draw a production possibilities curve for 2 products in an economy if a natural disaster affects one but not the other.

  Each firm can monitor the others price very closely

Each firm can monitor the other's price very closely and can respond instantly

  Probability of returns

If the returns of the risky portfolio are normally distributed, what is the probability of returns being less than 29%.

  Taxes contributed the greatest percentage of total federal

Which of the following taxes contributed the greatest percentage of total federal government tax revenues in recent years.

  New computer system that would yield a before-tax return

The ABC Corporation is contemplating purchasing a new computer system that would yield a before-tax return.

  Predicted range of demand for sun workstations

Compute the price elasticity also advertising elasticity. Interpret each one. Illustrate what is the predicted range of Demand for Sun workstations with 95 percent (%) confidence level.

  Post-merger bargaining outcome

Assume the two newspapers merge. Illustrate what is the likely post-merger bargaining outcome.

  Checking with government economist

Elucidate however, in checking with government economists, Hanna finds that every capita disposable income is expected to rise.

  Long-run atc curve is u-shaped and intersects the long-run

For every firm in group B , long-run ATC curve is U-shaped and intersects the long-run MC curve when ATC = 10 and output is 6.

  Appalachian coal mining should minimize net cost

Appalachian Coal Mining should minimize net cost by choosing that level of pollution

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