Hi, i am confused with the following questions and their calculations. Please guide me through with explanations.
Chrome File Edit View History Bookmarks Profiles Tab Window Help 66% Q Sun 19 Sep 1:34 pm OWL : ECONOMIC 2167A 650 F Macmillan: Essentials of Interna x Capture.JPG (280x147) X ECON 2167: International Econ x New Tab -7 C owl.uwo.ca/portal/site/9793ddc8-24dd-47c5-9c93-b8c3fb2e7fcf/tool/51fac610-eef5-415b-a7d6-53459800a099/jsf/delivery/deliverAssessment G TP # Apps DAN Management... Western University D Student Central -... . Mail - Amani Anw... Reading List OWL B Sites Amani Resources Consider a Ricardian model where two planets, Dantooine and Tatooine, use labor to produce Site Info lightsaber crystals (C) and hyperdrives (H). Assignments Question 1 of 5 Gradebook Syllabus Round to the nearest whole number (e.g., 8.3 becomes 8) Tests & Quizzes Zoom Fill in the missing values: Ldil Polls 2 Forums Dantooine Tatooine ? Help Hyperdrives Crystals Hyperdrives Crystals Wage = 24 Wage = 24 Wage = 6 Wage = 6 MPL = 4 MPL = 3 MPL = 2 MPL = Price = 6 Price = 8 Price = 3 Price = 9,947 4 WChrome File Edit View History Bookmarks Profiles Tab Window Help 66% Q Sun 19 Sep 1:34 pm OWL : ECONOMIC 2167A 650 F Macmillan: Essentials of Interna x Capture.JPG (280x147) X ECON 2167: International Econ x New Tab -7 C owl.uwo.ca/portal/site/9793ddc8-24dd-47c5-9c93-b8c3fb2e7fcf/tool/51fac610-eef5-415b-a7d6-53459800a099/jsf/delivery/deliverAssessment G TP Apps DAN Management... Western University D Student Central -... . Mail - Amani Anw.. Reading List OWL BSites Amani Question 2 of 5 Which planet has a comparative advantage in which good? O A. Dantooine has a comparative advantage in crystals and hyperdrives O B. Tatooine has a comparative advantage in crystals and hyperdrives O c. Dantooine has a comparative advantage in crystals, Tatooine has a comparative advantage in hyperdrives O D. Dantooine has a comparative advantage in hyperdrives, Tatooine has a comparative advantage in crystals Reset Selection Question 3 of 5 9,947Chrome File Edit View History Bookmarks Profiles Tab Window Help 66% Q Sun 19 Sep 1:34 pm OWL : ECONOMIC 2167A 650 F Macmillan: Essentials of Interna x Capture.JPG (280x147) X ECON 2167: International Econ x New Tab -7 C owl.uwo.ca/portal/site/9793ddc8-24dd-47c5-9c93-b8c3fb2e7fcf/tool/51fac610-eef5-415b-a7d6-53459800a099/jsf/delivery/deliverAssessment G To Apps DAN Management... Western University D Student Central -... . Mail - Amani Anw.. Reading List OWL Be Sites Amani Question 3 of 5 Suppose that the relative world price is PH/Pc = 7/10. Which good will each planet export? O A. Tatooine will export crystals, Dantooine will export hyperdrives O B. Dantooine will export hyperdrives and crystals O c. Tatooine will export hyperdrives and crystals O D. Tatooine will export hyperdrives, Dantooine will export crystals Reset Selection Question 4 of 5 Click to see additional instructions Dantooine's real wages in terms of hyperdrives is and crystals, and Tatooine's real wages in terms of hyperdrives is and crystals (round to the nearest tenth, e.g., 8.25 becomes 8.3). 9,947 18 A WChrome File Edit View History Bookmarks Profiles Tab Window Help 66% Q Sun 19 Sep 1:35 pm OWL : ECONOMIC 2167A 650 F Macmillan: Essentials of Interna x Capture.JPG (280x147) X ECON 2167: International Econ x New Tab -7 C owl.uwo.ca/portal/site/9793ddc8-24dd-47c5-9c93-b8c3fb2e7fcf/tool/51fac610-eef5-415b-a7d6-53459800a099/jsf/delivery/deliverAssessment G TP Apps DAN Management... Western University D Student Central -... . Mail - Amani Anw... Reading List OWL B Sites Amani Question 5 of 5 Are workers better off before or after free trade? O A. Workers in Dantooine are unambiguously worse off, and workers in Tatooine are unambiguously worse off O B. Workers in Dantooine are unambiguously worse off, and workers in Tatooine are unambiguously better off O c. Workers in Dantooine are unambiguously better off, and workers in Tatooine are unambiguously worse off O D. Workers in Dantooine are unambiguously better off, and workers in Tatooine are unambiguously better off Reset Selection 9,947 O
