Question
Consider a country with 200 workers operating in the immobile factor model. It produces compact fluorescent lamps (CFL) and tables. Each industry employs equal
Consider a country with 200 workers operating in the immobile factor model. It produces compact fluorescent lamps (CFL) and tables. Each industry employs equal number of workers, who each work six hours per day. The unit labor requirement in the CFL industry is 8 hours per lamp, while that for producing tables is 6 hours per table. Calculate the country s autarky production when it is operating on its production possibility frontier. O 60 CFLs and 80 tables O 62.5 CFLs and 83.3 tables O 67.5 CFLs and 90 tables O 71.3 CFLs and 95 tables O 75 CFLs and 100 tables
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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1292016922, 978-1292016924
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