Consider the following production possibilities frontier for Debble and Melissa
Donuts
Debbi...
Mathematics, 17.09.2021 22:40 princesskhj6932
Consider the following production possibilities frontier for Debble and Melissa
Donuts
Debbie
Donuts
Melissa
T
H
w
Z
Coffee
Coffee
Moreover assume that:
T-328 and W-223
H-268 and Z-392
Under no trade Debbie Will devote 52% of her time collecting coffee and Melissa will devote 14% of her time collecting coffee.
Under trade each of them specializes in the production of the good in which they have a comparative advantage (le they will only produce the one good in which they have a comparative
advantage)
How much more is the world production coffee under trade ? (note: Input only a number)
Answers: 2
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