Answered

Get the information you need with the help of IDNLearn.com's extensive Q&A platform. Our experts provide timely and precise responses to help you understand and solve any issue you face.

Suppose that the U.S. could produce either 1 apple or 2 peaches, and Mexico could produce 3 apples or 1 peach by using all of their available resources. What is the total world production of apples after each country fully specializes in the good that gives them a comparative advantage?

Sagot :

Mahima6824soniidn

If the U.S. could produce either 1 apple or 2 peaches, and Mexico could produce 3 apples or 1 peach by using all of their available resources. The total worlds' population of apples will be three.

What are resources?

A store of money, supplies, personnel, and other assets that a person or organization can rely on in order to function efficiently.

There are different types of resources that are needed for the production of goods, these resources are human resource, natural resource, environmental resource.

Thus, the total production of apple will be 3.

Learn more about resources

https://brainly.com/question/18448459

#SPJ1

Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Thank you for trusting IDNLearn.com. We’re dedicated to providing accurate answers, so visit us again for more solutions.