(Solved): 5 Problem 15-03 (algo) 2.54 Doints Suppose that Costa Rican worker Carlos can produce either 90 pou ...

5 Problem 15-03 (algo) 2.54 Doints Suppose that Costa Rican worker Carlos can produce either 90 pounds of coffee or 1 computer per week, and a second worker, Mario, can produce either 60 pounds of coffee or computer per week. Both Carlos and Maria Work 50 weeks per year Instructions. Enter all values as absolute numbers a Carlos opportunity cost of producing a computer is pounds of coffee, and Maria's opportunity cost of producing a computer is pounds of coffee if both workers completely specialize in the production of one good, then together they can produce elther 100 computers or pounds of coffee per year If both workers instead completely specialize according to their respective comparative advantage, then together they can produce 50 computers and pounds of coffee per year. b. Assume that world prices are such that computer trades for 75 pounds of coffee on international markets and that Costa Ricais open to trade. If computers can either be produced domestically or imported from abroad in exchange for Costa Rican coffee, then the maximum number computers that Carlos and Maria can consume annually is To obtain this number of computers, Carlos's will produce coffee and Maria will produce computers if coffee can either be produced domestically or imported from abroad in exchange for Costa Rican computers, then the maximum amount of coffee that Carlos and Maria can consume annually is pounds. To obtain this amount of coffee, Carlos's will produce coffee and Maria will produce computers C. Assume instead that world prices are such that i computer trades for 100 pounds of coffee on International markets and Costa Rica is open to trade If computers can either be produced domestically or imported from abroad in exchange for Costa Rican coffee, then the maximum number computers that Carlos and Maria can consume annually is To obtain this number of computers, Carlos's will produce computers and Maria will produce computers If coffee can either be produced domestically or imported from abroad in exchange for Costa Rican computers, then the maximum amount of coffee that Carlos and Mario can consume annually is pounds. To obtain this amount of coffee, Carlos's will produce computers and Maria will produce computers