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提问人:网友icomeyougo 发布时间:2022-01-07
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Suppose home and foreign countries were to integra...

Suppose home and foreign countries were to integrate their automobile market with a third country. Find the number of firms, the output per firm, and the price per automobile in the new integrated market after trade. Average cost can be written as AC = (nF/S) + c and price can be written as P = c + (1/bn), where n is the number of firms, F is the fixed cost, S is the market size, c is the marginal cost, and b is a constant. The values are given as follows: F = 750,000,000, c = 5,000, b = 1/30,000. SHome = 900,000, SForeign = 1,600,000, SCountry 3 = 3,750,000. (Notes: To solve this problem, we need to first find the equilibrium number of firms in the three country integrated market by setting average cost equal to price across all markets.)

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第2题
Suppose that instead of 1,200 workers, Home has 2,...

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第3题
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第4题
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第5题
假定本国现有2400名工人而不是1200名,其他条件与习题1相同,求新的均衡价格。请评论在这种情况下
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Suppose that instead of 1200 workers, Home had 2400. Find the equilibrium relative price. What can you say about the efficiency of world production and the division of the gains from trade between Home and Foreign in this case?

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第6题
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第9题
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Home has 1,200 units of labor available. It can produce two goods, apples and bananas. The unit labor requirement in apple production is 3, while in banana production it is 2. There is now also another country, Foreign, with a labor force of 800. Foreign’s unit labor requirement in apple production is 5, while in banana production it is 1. Now suppose world relative demand takes the following form: Demand for apples/demand for bananas = price of bananas/price of apples. a. Graph the relative demand curve along with the relative supply curve. b. What is the equilibrium relative price of apples? c. Describe the pattern of trade. d. Show that both Home and Foreign gain from trade.

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第10题
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