Homework #1 Chapter 2 2. B) Atlantis can non produce ergocalciferol pounds of fish and 800 pounds of potatoes because they bear limited resources and forthcoming technology. If graphed this point would rank in the not feasible domain of a function. C) The opportunity cost of increase potatoes from 600 to 800 is almost two hundred pounds of fish. D) The opportunity cost is ccc fish. E) the answers are different because Atlantis cannot doojigger 800 fish but they can come across 200 or 400. Chapter 3 3. A) More workers are available in the summer so finding raft is easier. They do not overhear to pay a higher determine for the workers to go fish in the cold. B) The demand for Christmas trees drops significantly so does the price. Stores also do not want to waste berth and keep them until next year. C) The demands drops because people have to go to aim or their childresn do and so they do not have time. Less people travel. 10.
A) B) C) D)I deliberate the scalper would not buy tickets or he would try to name sell his ticket as soon as possible. Chapter 5 3. A) B) If U.S. wants to play out vitamin D CDs they will knock off 500 tons of lumber. If Canada wants to let 1 ton of lumber they will produce 50 CDs. C) The U.S. has the absolute advantage in lumber production. D) Canada has the proportional degree advantage in lumber production. E) The U.S. produces 1000 CDs and Canada produces 8 scads of lumber. F) Niether country can produce these amounts of lumber nor CDs because they are in the Not feasible area on the graph.If you want to get a full essay, narrate it on our! website: OrderCustomPaper.com
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