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Solve clearly Question 2 of 4 Click to see additional instructions Round to the nearest tenth (e.g., 8.25 becomes 8.3) Suppose a galactic war causes

Solve clearly

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Question 2 of 4 Click to see additional instructions Round to the nearest tenth (e.g., 8.25 becomes 8.3) Suppose a galactic war causes the price of hyperdrives to rise to 300. In this case, the wage rate WI II become and workers will be employed in the crystal industry and workers will be employed in the hyperdrive industry, Question 4 of 4 As a result of the galactic war, workers in Tatooine o A. were made unambiguously worse off 0 B. may be better off or may be worse off 0 c. were made unambiguously better off Reset Selection Question 3 of 4 Click to see additional instructions Round to the nearest tenth (e.g., 8.25 becomes 8.3) Real wages in Tatooine before the galactic war were |:|crystals and :| hyperdrives. Real wages in Tatooine after the galactic war are |:| crystals and :I hyperdrives. Part 2 of 2 - Problem 2 Consider a specific-factors model where two planets, Dantooine and Tatooine, use labor to produce lightsaber crystals (C) and hyperdrives (H). However, academies (A) are a factor specific to lightsaber crystals, and junkshops () are a factor specific to hyperdrives. Suppose that Tatooine has L = 100 workers, J = 1000 junkshops, and A = 40 academies. The production functions and marginal products of labor for lightsaber crystals and hyperdrives are: Question 1 of 4 Click to see additional instructions Round to the nearest tenth (e.g., 8.25 becomes 8.3) In Tatooine, let the price of crystals be 20 and the price of hyperdrives be 200. In this case, the wage rate will be and workers will be employed in the crystal industry and workers will be employed in the hyperdrive industry

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