Question $16$

Please fill out the table below. Using the following information Producing one computer requires $40$ hours labor.

Producing one ton of rice requires $10$ hours labor.

Total Number of Labor Hours is $50000$ hours

Question $17$

$\backslash$table$[[,$Mexico,USA$],[$EV Cars,$200,300],[$Rice$,100,900]]$

a$)$ Explain which country has an absolute advantage in which products.

b$)$ Show numerically the opportunity costs for each country of producing each product and explain which country has a comparative advantage in which product.

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Total Number of Labor Hours is $50000$ hours

$\backslash$table$[[,\backslash$table$[[$Employment of$],[$labor $($hours$)]],$Production$],[$Computer$,$Rice,Computer$],[$A$,50000,$Rice$],[$B$,40000,],[$D$,25000,],[$E$,10000,]]$

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Question $17$

$\backslash$table$[[,$Mexico,USA$],[$EV Cars,$200,300],[$Rice$,100,900],[$a$)$ Explain which country has an absolute advantage in which products:,,$]]$

a$)$ Explain which country has an absolute advantage in which products.

b$)$ Show numerically the opportunity costs for each country of producing each product and explain which country has a comparative advantage in which product.

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