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roblem 6. Suppose Saskatchewan experiences a productivity boom where the output per labour doubles. That is they now produce 8 bushels of wheat per day
roblem 6. Suppose Saskatchewan experiences a productivity boom where the output per labour doubles. That is they now produce 8 bushels of wheat per day and 12 kg of beef per day. Our standard model of trade now predicts: (a) Saskatchewan will export Beef and import Wheat (b) Saskatchewan will export Wheat and import Beef (c) Saskatchewan will produce no Wheat (d) Alberta will produce no Beef (e) Alberta will not trade with Saskatchewan Problem 7. Plot the new PPF with the productivity change. Who benefits from the increased productivity
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