america takes 10 hours to make a cup and 5 hours
America takes 10 hours to make a cup and 5 hours to make a bag. In Britain the two goods cost $24 and 6 hours. America has 40 hours of labor available. Which goods does America export. Which country has the higher wage?
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germany consumers have 50 in income their gross domestice product they spend 35 on consumer goods 25 on germany goods and 10 on imports they save 8
america takes 10 hours to make a cup and 5 hours to make a bag in britain the two goods cost 24 and 6 hours america has 40 hours of labor available
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externalities-analysis and policy design suppose that in a competitive market demand is given by the equation p 600 - q and supply is given by the
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