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Lecture

Econ 102 Trade-Part II.docx

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Department
Economics
Course
ECON 102
Professor
Vasquez
Semester
Fall

Description
Econ 102 Trade­Part II 09/10/2013 Cars Apps North 10 20  South 15 60  #s mean minutes to produce Opp. Cost Cars Apps North 0.5 apps 2 cars South 0.25 apps 4 cars South should specialize in cars, North should specialize in apps.  The following would be a trade beneficial to both regions: A. 3 cars for 3 
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