14-B DVD players7060502010O10 20BJapan30 40 50 60 70Quantity of wheat per periodToolsPP CurvecombinationTrading Possil New combinaPrev14 of 18DNext The table below shows the production possibilities for Canada and Japan. Suppose that, prior to specialization and trade, both Canadaand Japan are producing combination C.ProductDVD playersBushels of wheatProductDVD playersBushels of wheatplayers14012010080A400CanadaA600B3030B4510CANADA'S PRODUCTIONPOSSIBILITIESC2060JAPAN'S PRODUCTIONToolsPOSSIBILITIESCa) Draw the production possibilities curve for Canada in the graph A, and indicate its present output position. Draw the productionpossibilities curve for Japan in graph B. and indicate its present output position. Plot only the endpoints of each curve in the graphingareas using the appropriate tool. Plot the output combination in each graph using the Point tool.0PP Curve3020< PrevTrading Possil New combinaO Searchcombination14 of 18=D1099D1530SAMSUNGE120ENext >040

***Since the part B have not been provided, hence, the expert is required to solve only the part A.…

Answered: DVD players 70 60 50 40 30 20 10 0 10 B…

DVD players 70 60 50 40 30 20 10 0 10 B Japan 20 30 40 50 Quantity of wheat per period 60 70 Tools PP Curve combination Trading Possi New combina C3

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter3: Interdependence And The Gains Rrom Trade

Section: Chapter Questions

Problem 6PA

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Question

14-B

DVD players
70
60
50
20
10
O
10 20
B
Japan
30 40 50 60 70
Quantity of wheat per period
Tools
PP Curve
combination
Trading Possil New combina
Prev
14 of 18
D
Next

The table below shows the production possibilities for Canada and Japan. Suppose that, prior to specialization and trade, both Canada
and Japan are producing combination C.
Product
DVD players
Bushels of wheat
Product
DVD players
Bushels of wheat
players
140
120
100
80
A
40
0
Canada
A
60
0
B
30
30
B
45
10
CANADA'S PRODUCTION
POSSIBILITIES
C
20
60
JAPAN'S PRODUCTION
Tools
POSSIBILITIES
C
a) Draw the production possibilities curve for Canada in the graph A, and indicate its present output position. Draw the production
possibilities curve for Japan in graph B. and indicate its present output position. Plot only the endpoints of each curve in the graphing
areas using the appropriate tool. Plot the output combination in each graph using the Point tool.
0
PP Curve
30
20
< Prev
Trading Possil New combina
O Search
combination
14 of 18
=
D
10
99
D
15
30
SAMSUNG
E
120
E
Next >
0
40

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