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Atlantis

Atlantis OC of 1 car = 10 tractors / 30 cars = 0.33 tractors Atlantis OC of 1 tractor = 30 cars / 10 tractors = 3 cars . Xanadu OC of 1 car = 40 tractors / 20 cars = 2 tractors Xanadu OC of 1 tractor = 20 cars / 40 tractors = 0.5 cars. Cars. a. Absolute adv. tractors? Explain -.

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Atlantis

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  1. Atlantis OC of 1 car = 10 tractors / 30 cars = 0.33 tractors Atlantis OC of 1 tractor = 30 cars / 10 tractors = 3 cars Xanadu OC of 1 car = 40 tractors / 20 cars = 2 tractors Xanadu OC of 1 tractor = 20 cars / 40 tractors = 0.5 cars Cars a. Absolute adv. tractors? Explain - Xanadu - because…. 30 Given equal resources, Xanadu can produce 40 tractors vs. Atlantis 10 tractors b. Comp. adv. cars? Explain Atlantis – Atlantis – because ….. Atlantis OC of 1 car = 0.33 tractors Xanadu OC of 1 car = 2 tractors 20 c. Trade and Import cars? Explain - Xanadu – because….. Xanadu has comp. adv. for tractors – would specialize in tractors and export tractors, therefore would import cars d. Total production of tractors and cars? 30 cars , 40 tractors e. Price range for tractors? Xanadu Between 0.5 and 3 cars 10 40 Tractors

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