Consider the following productivity table: Mandovia Ducennia Number of Hours to Make One Rotid 50 150 c. One billion hou
Posted: Fri Jul 01, 2022 8:12 am
Consider the following productivity table: Mandovia Ducennia Number of Hours to Make One Rotid 50 150 c. One billion hours of labor are available for making products in Mandovia, and 2 billion hours of labor are available for making products in Ducennia. In a no-trade world, let's assume that half the labor in each country gets used to make each product. Calculate the output of rotids and taurons, rounding to one decimal place. Output of rotids for Mandovia: Number of Hours to Make One Tauron 100 200 million Output of rotids for Ducennia: million