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Note: same information for questions 4-11, except where othe…

Note: same information for questions 4-11, except where otherwise noted. The world is composed of two countries, Country A and Country B. They use labor to produce two goods, TV Series and Movies. All of the assumptions of the Ricardian Model hold. The following table shows the unit labor inputs used to make each good in each country, where one unit is one hour of labor. (Thus, for example, to make a TV series in Country A it takes 30 hours of labor, and so on.) Country A has 12,000 units of labor and country B has 24,000 units of labor. The two countries are engaged in free and costless trade. Country A Country B TV Series 30 5 Movies 6 2   Suppose there is free and costless trade between the two countries and that Country B does not gain by trading. Enter a reasonable world relative price of TV series in terms of movies (that is, a reasonable price ratio PTV / PM). Note: if the answer is an exact number, only the exact number is accepted; if the answer is a range, then any number within that range is accepted.

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Note: same information for questions 4-11, except where othe…

Note: same information for questions 4-11, except where otherwise noted. The world is composed of two countries, Country A and Country B. They use labor to produce two goods, TV Series and Movies. All of the assumptions of the Ricardian Model hold. The following table shows the unit labor inputs used to make each good in each country, where one unit is one hour of labor. (Thus, for example, to make a TV series in Country A it takes 30 hours of labor, and so on.) Country A has 12,000 units of labor and country B has 24,000 units of labor. The two countries are engaged in free and costless trade. Country A Country B TV Series 30 5 Movies 6 2   Note: the following figure is used in questions 7-9. The figure shows the Relative Supply curve of the two countries in international trade. Notation: PTV (PM) is the price of TV series (movies). QATV is the quantity of TV series made in Country A, and analogously for all other quantities. Enter the number Y, or enter 0 if not enough information is provided. Only exact answer is accepted. Use a decimal point if needed.

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Note: same information for questions 4-11, except where othe…

Note: same information for questions 4-11, except where otherwise noted. The world is composed of two countries, Country A and Country B. They use labor to produce two goods, TV Series and Movies. All of the assumptions of the Ricardian Model hold. The following table shows the unit labor inputs used to make each good in each country, where one unit is one hour of labor. (Thus, for example, to make a TV series in Country A it takes 30 hours of labor, and so on.) Country A has 12,000 units of labor and country B has 24,000 units of labor. The two countries are engaged in free and costless trade. Country A Country B TV Series 30 5 Movies 6 2   Country A has absolute advantage in

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What first happens when an x or gamma ray interacts with and…

What first happens when an x or gamma ray interacts with and ionizes a molecule of water?  

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Which of the following is a part of the limbic system that p…

Which of the following is a part of the limbic system that plays a vital role in learning and memory.

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The golgi apparatus is the “powerhouse” of the cell.

The golgi apparatus is the “powerhouse” of the cell.

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Radiation Biology may BEST be defined as the study of the:  

Radiation Biology may BEST be defined as the study of the:  

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The monomers of protein are __________  __________. 

The monomers of protein are __________  __________. 

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An animal’s ears are located ___________ to its eyes.

An animal’s ears are located ___________ to its eyes.

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In the crystal matrix of ordinary salt, sodium (Na+) and chl…

In the crystal matrix of ordinary salt, sodium (Na+) and chloride (Cl-) are held together by:

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