Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Question: Suppose that Brazil has 180 and Columbia has 120 units of the resource. Which of the following is true for each controls Production Possibilities intercepts (maximum coffee and rubber)?

A) Brazil's intercepts are 3,600 Coffee and 900 Rubber

B) Brazil's intercepts are 9 Coffee and 36 Rubber

C) Columbia's intercepts are 3,000 Coffee and 1,200 Rubber

D) Columbia's intercepts are 4.8 Coffee and 14.4 Rubber

E) None of the above

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92583200

Have any Question?


Related Questions in Microeconomics

Question you have been hired by a new york long island real

Question: You have been hired by a New York (Long Island) real estate firm to assess the determinants of local house prices. You understand that house prices are determined by the interaction of supply and demand and opt ...

Question in 1980 automobile manufacturers in the united

Question: In 1980, automobile manufacturers in the United States asserted that import quotas be instituted on foreign-produced vehicles marketed in the United States. In a critical essay, elaborate on the costs and benef ...

Quesiton suppose the dollar is overvalued by 20 and the

Quesiton: Suppose the dollar is overvalued by 20% and the Secretary of the Treasury announces that he hopes it will soon return to equilibrium. How would this announcement affect your sales if you were in the following b ...

Question there are two goods in the economy anchovies a

Question: There are two goods in the economy, anchovies (a fish) and bananas (a farm product). Draw the economy's production possibilities before and after a natural disaster that lowers the banana harvest but does not a ...

Question four firms called elm maple oak and cherry produce

Question: Four firms called Elm, Maple, Oak, and Cherry, produce wooden chairs. However, they also produce a great deal of garbage (a mixture of glue, varnish, sandpaper, and wood scraps). The first row of Table 12.6 sho ...

Question acme furniture retails a chair for 250 they

Question: Acme furniture retails a chair for $250. They believe that they could raise the price of the chair by 10% and sell 30 fewer chairs per year. They have been selling 500 of these chairs per year at the current pr ...

Question greg wants you to purchase corporate bond issued

Question: Greg wants you to purchase corporate bond issued by ACDP Manufacturing. It is a 25,000 bond with a bond rate of 8% payable quarterly, and it matures 10 years from today. Bob wishes to ear 10%(nominal,annual) on ...

Question in another economy consumer 1 has no x and 8 units

Question: In another economy consumer 1 has no x and 8 units of y and the utility fucntion U(x,y) = x - (1/4)y 2 . Consumer 2 has 16 units of x and 8 units of y and the utility function U(x,y) = x +2y (1/2) . Describe th ...

Question if the marginal cost of collecting garbage were

Question: If the marginal cost of collecting garbage were constant at $6 per pound, what would be the optimal level of garbage collection? The response must be typed, single spaced, must be in times new roman font (size ...

Question consumer surplus is used as a measure of a

Question: Consumer surplus is used as a measure of a consumer's net benefit from purchasing a good or service. Explain why consumer surplus is a measure of net benefit. The response must be typed, single spaced, must be ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As