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Solve it correctly please. I ll rate with multiple votes. TYPED answer only. Suppose that France and Germany both produce wine and schnitzel. The table
Solve it correctly please. I ll rate with multiple votes. TYPED answer only.
Suppose that France and Germany both produce wine and schnitzel. The table below shows combinations of the goods that each country can produce in a day. France Germany Wine (Bottles) Schnitzel (Pounds) Wine (Bottles) Schnitzel (Pounds) 0 8 0 20 1 6 1 16 2 4 2 12 3 2 3 8 4 0 4 4 5 0 Using the information from the table above, we can conclude that: O Mutually benecial international trade is not possible. 0 Germany has a comparative advantage in wine. 0 Both countries have an equal comparative advantage in wine. 0 France has a comparative advantage in wine. The following data were obtained for a region: 26 million people had full-time jobs. Another 10 million people had part-time jobs. 3 million people had no work but were available and had looked for work in the past four weeks. 15 million people of working age did not havejobs and did not want jobs. What is the size of the labor force? 0 39 million people 0 54 million people O 29 million people O 36 million peopleStep by Step Solution
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