Question
Use the information in the table to answer following question(s). Production Capability Containers of Snowboards Containers of Digital Cameras Austria has 1000 15 containers/unit 8
Use the information in the table to answer following question(s).
Production Capability
Containers of Snowboards Containers of Digital Cameras
Austria has 1000 15 containers/unit 8 containers/unit
Production units:
Russia has 1000 12 containers/unit 3 containers/unit
Production units:
Detail Mathematical Calculation of below problem: Assume no trade between Russia and Austria. If each country put 50% of their proilduction units into each product, what will be the total number of snowboards and digital cameras produced by the two countries? b) If each country specializes in their production with Austria producing only digital cameras and Russia producing only snowboards, at a trading rate of three snowboards per digital camera, how many cameras and snowboards will be available to be consumed in Austria if they trade 3,000 cameras to Russia?
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