Posted by **Stephanie** on Monday, September 13, 2010 at 12:27am.

Assume Nebraska and Virginia each have 100 acres of farmland. The following table gives hypothetical figures for yield per acre in the two states:

Nebraska Virginia

Wheat 15 5

Cotton 7 4

Who has the comparative advantage in the production of wheat?

*For this answer, I think it is Nebraska but I am confused

Who has the comparative advantage in the production of cotton?

*for this answer, I think it is Virginia but I am confused

What is the marginal rate of transformation when the two states are producing a total of 200 units of corn?

- college economics -
**kl**, Wednesday, May 21, 2014 at 12:50am
lkhgiuygkl

## Answer This Question

## Related Questions

- economics - Suppose that there are two states that do not trade: Iowa and ...
- Algebra - A farmer has 20 acres to plant in wheat and barley. He has to plant at...
- math - 1. A farmer has 100 acres of land on which she plans to grow wheat and ...
- Algebra - An acre of land is chosen at random from each of the three states ...
- Math - Below are the home states of 17 college professors. Ohio Georgia New ...
- Pre-Calculus - A farmer can plant a combination of two different crops on 20 ...
- 5th grade - Mike and Shannon harvested 110,793 pounds of winter wheat off of the...
- science linear prog - A small farm in Illinois has 110 acres of land available ...
- Math - Farmer Brown planted corn and wheat on his 1200 acres of land. The cost ...
- algebra - The equation a = 640s gives the relationship between s square miles ...

More Related Questions