Question
Guam can produce 24,000 apples or 48,000 calculators in a year with 10,000 workers the United States can produce 90,000 apples or 30,000 calculators in
Guam can produce 24,000 apples or 48,000 calculators in a year with 10,000 workers the United States can produce 90,000 apples or 30,000 calculators in a year with 10,000 workers. what would be an acceptable rate of trade the benefits both countries. given the rate of trade used above plot precise point labeled a which represents the consumption possibility for Guam if such a rate of trade prevails assume, only produce the item that has comparative advantage in and will keep 1/3 of it will train the other 2/3. What does this mean? like all of it
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