Week 2 Post 1

# Week 2 Post 1 - 200(11*40(4*100)=\$840 8*40(5*100)=\$...

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Output Tech 1 Tech 2 Tech 3 100 (7*80)+(3*100)= \$860 (5*80)+(4*100)= \$800 (4*80)+(5*100)= \$820 150 (10*80)+(3*100)=\$1100 (7*80)+(4*100)=\$960 (5*80)+(5*100)=\$ 900 200 (11*80)+(4*100)=\$1280 (8*80)+(5*100)=\$1140 ( 6*80)+(6*100)=\$ 1080 250 (13*80)+(5*100)=\$1540 (10*80)+(6*100)=\$1400 (8*80)+(7*100)=\$ 1340

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Chapter 7 Problem #15 A. High Wage Country B. Low Wage Country Output Tech 1 Tech 2 Tech 3 100 (7*40)+(3*100)= \$ 580 (5*40)+(4*100)= \$600 (4*40)+(5*100)= \$660 150 (10*40)+(3*100)=\$700 (7*40)+(4*100)=\$ 680 (5*40)+(5*100)=\$700
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Unformatted text preview: 200 (11*40)+(4*100)=\$840 ( 8*40)+(5*100)=\$ 820 (6*40)+(6*100)=\$840 250 (13*40)+(5*100)=\$1020 (10*40)+(6*100)=\$ 1000 (8*40)+(7*100)=\$1020 C. High to Low Employment Shift; Total employment will increase because when shifting from a high to low wage rate country, the firm can go from Tech 3 = \$1080 with 6 units of labor to Tech 2 = \$820 with 8 units of labor while maintaining the same level of output. Travers Bracy...
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Week 2 Post 1 - 200(11*40(4*100)=\$840 8*40(5*100)=\$...

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