The Production Possibility Frontier in Home is 5Q F 2 Q C 2 3,000 The Production Possibility Frontier in Foreign is Q F 2 5Q C 2 3,000 The MRS between cloth and food is the same at Home and Foreign and is equal to the ratio of consumption of food over consumption of cloth The quantity of cloth prod...

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The Production Possibility Frontier in Home is 5Q F 2 + Q C 2 = 3,000. The

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The Production Possibility Frontier in Home is 5Q_F²+ Q_C²= 3,000. The Production Possibility Frontier in Foreign is

Q^*_F²+ 5Q^*_C²= 3,000. The MRS between cloth and food is the same at Home and Foreign and is equal to the ratio of

consumption of food over consumption of cloth. The quantity of cloth produced in Foreign is:

Posted Date: Jun 13, 2024 05:17 AM

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