Question: 2. The following table represents autarkic (time 1) and free trade (time 2) production and consumption of two goods on the Planet Vulcan: Starships

2. The following table represents autarkic (time 1) and free trade (time

2. The following table represents autarkic (time 1) and free trade (time 2) production and consumption of two goods on the Planet Vulcan: Starships and Phasers. It also shows the amount of capital and labor used in the production of each good. Use the information contained in the table to answer the following questions Autarky Starships Production of Starships Consumption of good Starships Capital used to produce Starships Labor used to produce Starships Phasers Production of Phasers Consumption of Phasers Capital used to produce Phasers Labor used to produce Phasers 100 units 100 units 100 units 150 days 1000 units 1000 units 200 units 100 days Free-Trade 200 units 100 units 300 units 200 days 500 units 2000 units 100 units 50 days

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