Suppose three countries have productivity data as shown in the table below. PRODUCTIVITY PER WORKER | | wheat | Beans | [ Alpha | 6 | 5 a) What is the cost of wheat in each country? Round your answer below to 2 decimal places. In Alpha, 1 unit of wheat costs beans. In Beta, Tunit of wheat costs| | beans. In Gamma, 1unit of wheat costs| | bean(s). b) Which country can produce wheat more cheaply (comparatively)? Click the box with a check mark for the correct answer and double click to empty the box for the wrong answer. |:| Gamma D Beta O alpha - c) Which country can produce beans more cheaply (comparatively)? Click the box with a check mark for the correct answer and double click to empty the box for the wrong answer. [ aipha |:| Beta D Gamma d) Suppose that the international terms of trade were 1 wheat =1.00 beans. Which countries would export wheat? Click the box with a check mark for the correct answer and double click to empty the box for the wrong answer. [ aipha D Gamma D Beta Suppose that the international terms of trade were 1 wheat = 1.00 beans. Which countries would impaort wheat? Click the box with a check mark for the correct answer and double click to empty the box for the wrong answer. D Beta D Gamma [ alpha 7 |:| Beta D Gamma [ Alpha e) Suppose, instead, that the international terms of trade were 1 wheat = 1.50 beans. Which countries would export wheat? Click the box with a check mark for the correct answer and double click to empty the box for the wrong answer. [ Alpha D Gamma D Beta Suppose, instead, that the international terms of trade were 1 wheat = 1.50 beans. Which countries would import wheat? Click the box with a check mark for the correct answer and double click 1o empty the box for the wrong answer. D Beta O Alpha D Gamma 5 B Japan 140 Tools 120 PP Curve combination 100 80 Trading Possil New combina DVD players 60 40 20 O 20 40 60 80 100 120 140 Quantity of wheat per period.' a) Draw the production possibilities curve for Canada in the graph A, and indicate its present output position. Draw the production possibilities curve for Japan in graph B, and indicate its present output position. Plot only the endpoints of each curve in the graphing areas using the appropriate tool. Plot the output combination in each graph using the Point tool. A Canada 280 Tools 240 S . PP Curve combination 200 o v . 2 160 g Trading Possi New combina 2 120 o 80 40 0 T 40 80 120 160 200 240 280 Quantity of wheat per period 5 The table below shows the production possibilities for Canada and Japan. Suppose that, prior to specialization and trade, both Canada and Japan are producing combination D. CANADA'S PRODUCTION POSSIBILITIES Product A B C D E DVD players 80 60 40 20 Bushels of wheat 0 60 120 180 240 JAPAN'S PRODUCTION POSSIBILITIES Product A B C D E DVD players 120 90 60 30 Bushels of wheat 0 25 50 75 100 a) Draw the production possibilities curve for Canada in the graph A, and indicate its present output position. Draw the production possibilities curve for Japan in graph B, and indicate its present output position. Plot only the endpoints of each curve in the graphing areas using the appropriate tool. Plot the output combination in each graph using the Point tool.6 The graph below shows the domestic supply of and demand for mangos in India. CO 23 22 21 D 20 19 18 17 16 14 Price ($) X 2 08 900 00 O 40 OS 100 200 600 700 OLL 1200 Quantity of mangos (cases)6 N 00 200 300 400 500 900 200 108 106 1000 1100 1200 Quantity of mangos (cases) The world price is $12 a case, and India is open to free trade. Will India export or import mangos? a. India will (Click to select) v mangos since, (Click to select) V (Click to select b. What quan export producers supply? Import cases of mangos. c. What quantity will India export or import? (Click to select) v cases of mangoes d. If the world price is $18, will India export or import mangos? How much? India will (Click to select) v the difference of cases.6 O 100 200 300 400 900 900 200 08 900 000 1100 1200 Quantity of mangos (cases) The world price is $12 a case, and India is open to free trade. Will India export or import mangos? a. India will (Click to select) v mangos since, (Click to select (Click to select) b. What quantity will domestic producers suppli the domestic demand exceeds the domestic production. the domestic production exceeds the domestic demand. cases of mangos. c. What quantity will India export or import? (Click to select) v cases of mangoes d. If the world price is $18, will India export or import mangos? How much? India will (Click to select) v the difference of cases