1. Solving the Heckscher-Ohlin Model - Trade Between Two Countries. Your answer to this question should be qualitative and motivated by graphical analysis. We look at trade between Japan and China Consumers in the two countries have identical, homothetic preferences over two goods, textiles (t) and electronics (e). The two goods are produced using labor (L) and capital (K) as inputs, according to the following production functions: Y. = Y, = where Y. (Y;) denotes the output produced in the electronics (textiles) sector, K. (K;) denotes the amount of capital used for electronics (textiles) production, and Le (Lt) denotes the amount of labor used for electronics (textiles) production. The technologies described by the production functions are common across countries. The factor endowments of the two countries are given by: LC = 1000 ; K© = 200 L' = 100 ; K' = 200. (d) Does opening to trade necessarily imply complete specialization? Why? (e) How does opening to trade affect factor prices? Explain the intuition behind your answer. For each country, draw a picture describing the equilibrium in the factor markets (in the (*) plane). Indicate the equilibrium before and after trade opening. (f) Who gains and who loses from trade liberalization?

choices for 1 and 2 are its either "variable" or "fixed" please also do the rest of the questions and graph  thank you!

M10

Set up the objective function and the constraints, but do not solve. Wison Electronics produces a standard Blu-ray player and a deluxe Blu-ray player. The comoany has 2900 hours ef isbor and 18,000 in aperatng espenses availanle each week It takes b5 hours to produce a standard Blu-ray player and 6 hours to preduce a deluxe Blu-ray player Each standard u-ray player casta 15, and each deluxe Biu-ray player costs SI36 The company is requred to produce at least 25 standard Blu-ray players. The company makes a profit of $32 for each standard u-ray plaver and $26 for each delue Blu-ray playen How many of esch type of Blu-ray plarer should be preduced to masimie profe? (Let represent the number of standard Blu-ray players, y the number of deluve Bla-ray piayers, and z the prot in dolars) Maxinie sutject to labor operating expense required standard Bu-ray players v20

Only typed answer and don't use chat gpt

AutoSave W- q5 micro OFF Home Insert Draw Design Layout References Mailings Review View Share O Comments Calibri (Bod... v 11 A^ A Аa v AaBbCcDdE AaBbCcDdEe AaBb( AaBbCcDc AaBbCcDdE€ AqBbCcDdEe > Paste A A No Spacing Subtle Emph... Styles Pane Sensitivity v ab X, Subtitle U Normal Heading 1 Heading 2 Title * Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Check for Updates Consider a monopolist that produces coal for energy, with demand curve defined by P = 190 – 20 and marginal cost given by MC = 10 + 2Q. Also, the firm's average total cost is ATC = 100/Q + Q+ 10. (Price and costs are in dollars per tonne of coal, while quantity is in thousands of tonnes.) Calculate the monopolisť's profit-maximizing quantity, price, and profit. For a monopoly, profit maximization occurs where the marginal revenue equals the marginal cost. a. b. What would be the competitive output and price if this monopolist operated as a competitive firm?…

Strictly No AI use

May I have a better diagram for this question pleas and thank you!

plz solve both parts within 30-40 mins I'll give upvote