production possibilities, Macroeconomics

Assignment Help:
you and your neighbor (n) consume without trading. suppose you are initially consuming 7 bananas and 3 coconuts and your neighbor is initially consuming 6 bananas and8 coconuts. You give your neighbor half of your production for half of what he produces. if you trade with your neighbor, then you will have ? additional coconuts after the trade and ? additional bananas? at the same time, your neighbor will be able to comsume?

Related Discussions:- production possibilities

Illustrate website of at least 3 of the companies, Review the most current ...

Review the most current results of FORTUNE Magazine's annual ranking of America's "100 Best Companies to Work For." Explore the website of at least three of the companies noted. De

what is gdp in this economy, I. Consider the following static optimization...

I. Consider the following static optimization problem. Suppose that a consumer has financial wealth W and owns the house H¯ . She has utility over housing H and nonhousing co

High blood pressure affected, To determine whether high blood pressure affe...

To determine whether high blood pressure affected whether a person had a stroke, a sample of 129 people who had had strokes are examined. In the sample, 39% had high blood pressure

Increase in supply, Explain the adjustment to the new equilibrium price fro...

Explain the adjustment to the new equilibrium price from an increase in supply.

What is GDP?, What was Real GDP for 2009? What does GDP tell us? How did ...

What was Real GDP for 2009? What does GDP tell us? How did GDP change from 2008? What caused these changes? What was GNP for 2009? What is the difference between GDP and GNP?

Find real interest rate and nominal interest rate, Assume that an economy's...

Assume that an economy's GDP Y=5000. Also assume that the government runs a deficit where tax revenue T=1000 and government expendituresG= 1500. The consumption function is represe

Money supply, does central bank determine money supply in the economy

does central bank determine money supply in the economy

Demand and supply, Suppose the demand and supply for milk is described by t...

Suppose the demand and supply for milk is described by the following equations Qd=600-100P; Qs=-150+150P Where P is the price in rand, Qd is the quantity demanded in millions of l

What are the potential advantages of economic growth, What are the potentia...

What are the potential advantages of economic growth? The potential advantages of growth include • More goods and services are accessible to satisfy more want and requireme

Write Your Message!

Captcha
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