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Hello, I have successfully added my answers but I am not sure if they are correct, if they are incorrect, I am am you to
Hello, I have successfully added my answers but I am not sure if they are correct, if they are incorrect, I am am you to please fix it for me, thank you.
Poornima and Valerie are roommates. They' spend most of their time studying (of course), but theyI leave some time for their favorite activities: making pizza and brewing root beer. Poornima takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Valerie takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza: Poornima's opportunity cost of brewing a gallon of root beer is 112 pizza V , and Vaierie's opportunity cost of brewing a gallon of root beer is 213pizza V . Poomima V has an absolute advantage in brewing root beer, and Poornima V has a comparative advantage in brewing root beer. If Poornima and Valerie trade foods with each other, Valerie V will trade away piRa in exchange for root beer. The price of pizza can be expressed in terms of gallons of root beer. The highest price at which pizza can be traded that would make both roommates better off is 2 gallons 7 of root beer, and the lowest price that makes both roommates better off is 1f2 gallon V of root beer per pizza. My current answers are as follows: Blank 1: 1/2 (The other choices are: 2 pizzas or 2:3 pizzas or 1&1f2 pizzas). Blank 2: 213 pia (T he other choices are: 1/2 pizza or 2 pizzas or 18:12 pizzas). Blank 3: Poornima (T he other choice is: Valerie). Blank 4: Poornima (The other choice is: Valerie). Blank 5: Valerie (The other choice is: Pcornima). Blank 6: 2 gallons (T he other choices are: 1/2 gallon or 2i3 gallon or 13.12 gallons). Blank ?: '/2 gallon (The other choices are: 2 gallon or 2.-'3 gallon or 1&1i2 gallons}Step by Step Solution
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