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Annual Production Germany Turkey T-Shirts 1,800 500 Optical Instruments 600 1,000 Graph Germany's and Turkey's production possibilities curve individually. Graph the production possibilities curve for
Annual Production | Germany | Turkey |
---|---|---|
T-Shirts | 1,800 | 500 |
Optical Instruments | 600 | 1,000 |
- Graph Germany's and Turkey's production possibilities curve individually.
- Graph the production possibilities curve for the combined output of the 2 nations.
- What is the slope of Germany's production possibilities curve?
- What is the slope of Turkey's production possibilities curve?
- What is the opportunity cost of producing T-shirts in Germany?
- What is the opportunity cost of producing T-shirts in Turkey?
- What is the opportunity cost of producing optical instruments in Germany?
- What is the opportunity cost of producing optical instruments in Turkey?
- In which good does Germany have a comparative advantage?
- In which good does Turkey have a comparative advantage?
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