Question: How would I solve this? fA A DESKS; ABC Corp. ( 800 > 406) 1 . AA Desks: ABC corp AA chairs: Neither (200= 200)
How would I solve this?



\fA A DESKS; ABC Corp. ( 800 > 406) 1 . AA Desks: ABC corp AA chairs: Neither (200= 200) AA Chairs: Neither Possible ABC corp . terms frode XYZ corp . CA Desks: ABC corp 8 CUD or 200c 4 0c D or 200 c CA Chairs: XYZ corp. CALTD = 1/8c /107/815 ID = 14 C 1D> 1/4 1/ 4 D D I C = 40 [Ic = 2 0 Ac 10 > 2 4 2. AA Beans: Farmer janef AA Beans: Farmer Jones ( 20 SS 5 5 B 3. AA Planes: AA Trains: CA Planes: CA Trains: 1P > I 1T > P P 4. AA Beef: AA Cheese:For each of the following problems, identify who has the Absolute Advantage in each product assuming both have similar resources), the Comparative Advantage in each, and calculate the Possible Terms of Trade Ranges. Record your answers on the back of this page in the space provided and attach a paper SHOWING YOUR WORK (using the matrix format demonstrated in class). Failure to show work will result in NO CREDIT awarded! Desks Chairs ABC Corp. 800 200 XYZ Corp. 400 20 input 2. ***Acres required to produce one unit of each*** Beans Squash Farmer Brown 25 5 Farmer Jones 20 2 input 3. ***Labor hours required to produce one unit of each*** Planes Trains U.S. 90 30 Canada 80 40 4. Beef 80 Texas 20 Wisconsin 20 40 Cheese
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