Now suppose that the countries trade 3 million pounds of shrimp for 1 million pounds of rice. After trade, Thailand has million pounds of shrimp and million pounds of rice. Cambodia has million pounds of shrimp and million pounds of rice. [Hint: use your answers from the question above, where you calculated how much each country would produce. Think about what each country will give/receive based on the trade above, and calculate their new amounts of each good
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
solve 2nd figure question, 1st question given for reference
After trade calculate each country amount of goods.
![Now suppose that the countries trade 3 million pounds of shrimp for 1
million pounds of rice.
After trade, Thailand has
million pounds of shrimp and
million pounds of rice.
Cambodia has
million pounds of shrimp and
million pounds of rice.
[Hint: use your answers from the question above, where you calculated
how much each country would produce. Think about what each country
will give/receive based on the trade above, and calculate their new
amounts of each good.]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F964d403d-8161-48c3-bb55-0cea49f59adb%2F3c040d00-924b-4764-98db-f0c142959665%2Fqtp0dn_processed.jpeg&w=3840&q=75)
![Suppose Thailand has 80,000 workers and Cambodia has 50,000 workers.
The countries decide to specialize according to comparative advantage and
each produce only 1 good.
Thailand produces 3.2
million pounds of
rice
Cambodia produces 2.0
million pounds of
shrimp
[Note: convert the totals into millions and use decimals where needed - for
example, 4,200,000 becomes 4.2 million.]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F964d403d-8161-48c3-bb55-0cea49f59adb%2F3c040d00-924b-4764-98db-f0c142959665%2Fkis1vf_processed.jpeg&w=3840&q=75)
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