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PartTO2 Problemi Consider a Ricardian model where two planets, Dantooine and Tatooine, use labor to produce lightsaber crystals (C) and hyperdrives (H). Question 1 of
PartTO2 Problemi Consider a Ricardian model where two planets, Dantooine and Tatooine, use labor to produce lightsaber crystals (C) and hyperdrives (H). Question 1 of 5 Round to the nearest whole number (e.g., 8.3 becomes 8) Fill in the missing values: Dantooine Tatooine Hyperdrives Crystals Hyperdrives Wage = 24 Crystals Wage = Wage = Wage = 6 MPL = 4 MPL = MPL = MPL = Price = Price = 8 Price = 3 Price Question 3 of 5 Suppose that the relative world price is PH/Pc = 7/10. Which good will each planet export? A. Tatooine will export hyperdrives and crystals O B. Dantooine will export hyperdrives and crystals oc. Tatooine will export crystals, Dantooine will export hyperdrives 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 Tatooine's real wages in terms of hyperdrives is 8.3). and crystals, and crystals (round to the nearest tenth, e.g., 8.25 becomes and PartTO2 Problemi Consider a Ricardian model where two planets, Dantooine and Tatooine, use labor to produce lightsaber crystals (C) and hyperdrives (H). Question 1 of 5 Round to the nearest whole number (e.g., 8.3 becomes 8) Fill in the missing values: Dantooine Tatooine Hyperdrives Crystals Hyperdrives Wage = 24 Crystals Wage = Wage = Wage = 6 MPL = 4 MPL = MPL = MPL = Price = Price = 8 Price = 3 Price Question 3 of 5 Suppose that the relative world price is PH/Pc = 7/10. Which good will each planet export? A. Tatooine will export hyperdrives and crystals O B. Dantooine will export hyperdrives and crystals oc. Tatooine will export crystals, Dantooine will export hyperdrives 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 Tatooine's real wages in terms of hyperdrives is 8.3). and crystals, and crystals (round to the nearest tenth, e.g., 8.25 becomes and
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