Question: please help me i have tried these 3 on my...
Please help me. I have tried these 3 on my own, but I am still not understanding
1) Two countries produce two goods and they each have 4 million hours of labor. Consider the table that shows the quantity produced per labor hour:
If each country allocates 2 million hours of labor to each good then in total the two countries can together produce __ million shirts and ___ million brushels of corn.
2) Suppose that in a week an American worker can produce 60 shirts or 3 computers and a Chinese worker can produce 60 shirts or 1 computers. The country that specializes in computers will trade 1 computer in exchange for at least __ shirts. The country that buys the computer will pay not more than __ shirts. Enter whole numbers.