Suppose that Costa Rican worker Carlos can produce either 180 pounds of coffee or 1 computer per week, and a second work

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Suppose that Costa Rican worker Carlos can produce either180 pounds of coffee or 1 computer per week, and a secondworker, Maria, can produce either 75 pounds of coffee or1 computer per week. Both Carlos and Maria work 50 weeksper year. A third worker, Pedro, joins the Costa Ricaneconomy. Pedro can produce either 90 pounds of coffee or 1 computerper week. Like the other two workers, Pedro works 50weeks per year.
Instructions: Enter all values as wholenumbers.
a. Carlos's opportunity cost of producing a computeris pounds of coffee.
Maria's opportunity cost of producing a computeris pounds of coffee.
Pedro's opportunity cost of producing a computeris pounds of coffee.
If all three workers completely specialize in the production ofone good, then together they can produceeither computers or pounds ofcoffee per year.
If the workers instead specialize according to theirrespective comparative advantage, and with one workerproducing computers while the other two producescoffee, together they canproduce computers and poundsof coffee per year.
If instead two workers produce computers while onlyone produces coffee, together they canproduce computers and poundsof coffee per year.
b. Assume that world prices are such that 1 computer tradesfor 125 pounds of coffee on international marketsand that Costa Rica is open to trade.
If computers can either be produced domestically orimported from abroad in exchange for Costa Rican coffee, then themaximum number computers that the three workers can consumeis . To obtain this number of computers,Carlos will produce (Click toselect) coffee neither coffee norcomputers both coffee andcomputers computers , Maria willproduce (Click toselect) coffee computers neithercoffee nor computers both coffee andcomputers , and Pedro willproduce (Click to select) bothcoffee andcomputers coffee computers neithercoffee nor computers .
If coffee can either be produced domestically or importedfrom abroad in exchange for Costa Rican computers, then the maximumamount of coffee that the three workers can consumeis pounds. To obtain this amount ofcoffee, Carlos will produce (Click toselect) neither coffee norcomputers both coffee andcomputers coffee computers , Mariawill produce (Click toselect) neither coffee norcomputers both coffee andcomputers coffee computers ,and Pedro will produce (Click toselect) computers both coffee andcomputers neither coffee norcomputers coffee .
c. Assume instead that world prices are such that 1computer trades for 50 pounds of coffee on internationalmarkets and Costa Rica is open to trade.
If computers can either be produced domestically orimported from abroad in exchange for Costa Rican coffee, then themaximum number computers that Carlos, Maria and Pedro canconsume is .
To obtain this number of computers, Carlos willproduce (Click toselect) coffee neither coffee norcomputers computers both coffeeand computers , Maria willproduce (Click toselect) coffee neither coffee norcomputers both coffee andcomputers computers , and Pedro willproduce (Click to select) neithercoffee nor computers both coffee andcomputers coffee computers .
If coffee can either be produced domestically or importedfrom abroad in exchange for Costa Rican computers, then the maximumamount of coffee that Carlos, Maria, and Pedro can consumeis pounds.
To obtain this amount of coffee, Carlos willproduce (Click toselect) coffee both coffee andcomputers neither coffee norcomputers computers , Maria willproduce (Click to select) bothcoffee andcomputers coffee neither coffeenor computers computers , and Pedrowill produce (Click toselect) coffee both coffee andcomputers neither coffee norcomputers computers .