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K 4a. The equation for Home's trade possibilities frontier (TPF) is | DA + DB = ] or DB =-DA 4b. Home's maximum consumption of
K 4a. The equation for Home's trade possibilities frontier (TPF) is | DA + DB = ] or DB =-DA 4b. Home's maximum consumption of apples DA is . Home's maximum consumption of bananas DB is ct: C Clear all Check answer hat to study next, go to your Study Plan. Q Search LOCBLOU PrtSc Insert Delete D/II F6 F7 F8 F9 F10 F11 F12 & Backspace Num Lock 6 8 9 O Y O P 7 Home H K 4 EnterThere are two countries Home and Foreign. Relative price of apples Pa/Pb tion list K Home has 1,200 units of labor available. It can 67 produce two goods, apples and bananas. The unit labor requirement in apple production is 3, while in banana production it is 2. uestion 3 Foreign has a labor force of 800. Foreign's unit labor requirement in apple production is 5, while in banana 4- production it is 1. Question 4 Suppose world relative demand takes the 3- following form: Demand for apples/demand for bananas = price of bananas/price of apples. 2-4. .. -EQ Question 5 a-b. On the graph: 1.) Using the 3-point curved line drawing tool, draw the elative demand curve. Label the curve RD. Question 6 2.) Using the point drawing tool, indicate the :0.5 equilibrium relative price of apples. Label this point 0.25 0.5 0.75 EQ Relative quantity of apples Question 7 Carefully follow the instructions above and only draw the required nhients Try again To see what to study next, go to your Study Plan. Q Search X FA C F5 A F6 F7 F8 F9 F10 F11 PrtSc F12 Insert Delete S % & 5 6 8 9 Backspace R O P F G H K Enter B N M K
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