1
answer
181
views
4a
Problem

For access to Textbook Solutions, a Class+ or Grade+ subscription is required.

Textbook Expert
Textbook ExpertVerified Tutor
28 Jan 2022

Introduction

  1. When In Germany, it takes fewer workers to make either a television or a video camera. Then Germany has an absolute advantage in the production of both goods.
  2. Also Producing an additional television in Germany requires three workers. When they are Shifting those three German workers will reduce video camera production by 3/4 of a camera.
  3. When Producing an additional television set in Poland requires six workers, and also shifting those workers from the other good reduces the output of video cameras by 6/12 of a camera, or 1/2. Thus,  when the opportunity cost of producing televisions is lower in Poland

Unlock all Textbook Solutions

Already have an account? Log in
Start filling in the gaps now
Log in