Produce Either 5 Cloths Or 10 Wines. In The US, One Hour Of Workers Labor Can Produce Either 20 Cloths Or 20 Wines. Can You Show Math Work? What Is The Opportunity Cost In France For 1 Cloth? How About 1 Wine? What Is The Opportunity Cost In US Of 1 Cloth? How About 1 Wine? Should These Two Countries Trade? Who Should Make Wine And Who Should Make Cloth?

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produce either 5 cloths or 10 wines. In the US, one hour of workers labor can produce either 20 cloths or 20 wines. Can you show math work? What is the opportunity cost in France for 1 cloth? How about 1 wine? What is the opportunity cost in US of 1 cloth? How about 1 wine? Should these two countries trade? Who should make wine and who should make cloth?

- November 14, 2022 - Edwin Tunner

In France, one hour of a worker’s labor can produce either 5 cloths or 10 wines.

In the US, one hour of workers labor can produce either 20 cloths or 20 wines.

Can you show math work?

What is the opportunity cost in France for 1 cloth? How about 1 wine?
What is the opportunity cost in US of 1 cloth? How about 1 wine?
Should these two countries trade?
Who should make wine and who should make cloth? Why?

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