ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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As you did for Maldonia, place a black point (plus symbol) on the following graph to indicate Sylvania's consumption after trade.
Sylvania
48
42
Consumption After Trade
36
PPF
30
24
18
12
12
18
24
30
36
42
48
POTATOES (Millions of pounds)
True or False: Without engaging in international trade, Maldonia and Sylvania would not have been able to consume at the after-trade consumption
bundles. (Hint: Base this question on the answers you previously entered on this page.)
TEA (Millions of pounds)
expand button
Transcribed Image Text:As you did for Maldonia, place a black point (plus symbol) on the following graph to indicate Sylvania's consumption after trade. Sylvania 48 42 Consumption After Trade 36 PPF 30 24 18 12 12 18 24 30 36 42 48 POTATOES (Millions of pounds) True or False: Without engaging in international trade, Maldonia and Sylvania would not have been able to consume at the after-trade consumption bundles. (Hint: Base this question on the answers you previously entered on this page.) TEA (Millions of pounds)
The following graph shows the same PPF for Maldonia as before, as well as its initial consumption at point A. Place a black point (plus symbol) on the
graph to indicate Maldonia's consumption after trade.
Note: Dashed drop lines will automatically extend to both axes.
Maldonia
48
42
Consumption After Trade
36
30
24
18
PPF
12
6.
6
12
18
24
30
36
42
48
POTATOES (Millions of pounds)
TEA (Millions of pounds)
expand button
Transcribed Image Text:The following graph shows the same PPF for Maldonia as before, as well as its initial consumption at point A. Place a black point (plus symbol) on the graph to indicate Maldonia's consumption after trade. Note: Dashed drop lines will automatically extend to both axes. Maldonia 48 42 Consumption After Trade 36 30 24 18 PPF 12 6. 6 12 18 24 30 36 42 48 POTATOES (Millions of pounds) TEA (Millions of pounds)
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