电脑桌面
添加小米粒文库到电脑桌面
安装后可以在桌面快捷访问

克鲁格曼国际经济学答案

克鲁格曼国际经济学答案_第1页
1/6
克鲁格曼国际经济学答案_第2页
2/6
克鲁格曼国际经济学答案_第3页
3/6
1 Chapter 2 1.Home has 1200 units of labor available. It can produce two goods, apples and bananas. The unit labor requirement in apple production is 3, while in banana production it is 2. a.Graph out the production possibilities frontier: b.What is the opportunity cost of apples in terms of bananas? 5.1LbLaaa c.In the absence of trade, what would the price of apples in terms of bananas be? In the absence of trade, since labor is the only factor of production and supply decisions are determined by the attempts of individuals to maximize their earnings in a competitive economy, only when LbLaba/aa /PPwill both goods be produced. So 1.5 /PPba 2.Home is as described in problem 1. There is now also another country, Foreign, with a labor force of 800. Foreign’s unit labor requirement in apple production is 5, while in banana production it is 1. a.Graph Foreign’s production possibilities frontier: b.Construct the world relative supply curve. Home's PPF0200400600800200400600800QappleQbananaForeign's PPF0200400600800100080160 240 320 400Q*appleQ*banana 2 3.Now suppose world relative demand takes the following form: Demand for apples/demand for bananas = price of bananas/price of apples. a.Graph the relative demand curve along with the relative supply curve: abba/PP/DD When the market achieves its equilibrium, we have 1ba)(DDbabbaaPPQQQQ ∴RD is a hyperbola xy1 b.What is the equilibrium relative price of apples? The equilibrium relative price of apples is determined by the intersection of the RD and RS curves. RD: yx1 RS: 5]5,5.1[5.1],5.0(5.0)5.0,0[yyyxxx ∴25.0yx 3 ∴2/bPaPee c.Describe the pattern of trade. babeaebaPPPPPP/// ∴In this two-coun...

1、当您付费下载文档后,您只拥有了使用权限,并不意味着购买了版权,文档只能用于自身使用,不得用于其他商业用途(如 [转卖]进行直接盈利或[编辑后售卖]进行间接盈利)。
2、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。
3、如文档内容存在违规,或者侵犯商业秘密、侵犯著作权等,请点击“违规举报”。

碎片内容

克鲁格曼国际经济学答案

确认删除?
VIP
微信客服
  • 扫码咨询
会员Q群
  • 会员专属群点击这里加入QQ群
客服邮箱
回到顶部