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Homework answers / question archive / Suppose that 2 labor is needed to produce one unit of car, 2 labor for one unit of Motorbike as well, in our country

Suppose that 2 labor is needed to produce one unit of car, 2 labor for one unit of Motorbike as well, in our country

Economics

Suppose that 2 labor is needed to produce one unit of car, 2 labor for one unit of Motorbike as well, in our country. While in the foreign country, the amount of 1., YOHOLA needed to produce one unit of car and 120 m2 motorbike is 4 and 2 respectively. So the relative price of motorbike in our country and the foreign country are a ) respectively. A 2, 1 ASKARU B 1, 0.5 C 0.5, 1 130202 AN D 2, 3

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