Two countries Orange Rose and Blue Violet produce only two g
Two countries, Orange Rose and Blue Violet, produce only two goods: tea pots and coffee pots. Orange Rose Blue Violet Tea Coffee pots Tea pots Coffee pots The table gives their production possibilities. (units per week With specialization and trade, what are the quantities of tea pots and coffee pots that Orange Rose and Blue Violet produce? 657 657 and 165 and and 329 and 657 orange Rose produces units of tea pots and units of coffee pots. o 0 and 985 Blue Violet produces units of tea pots and units of coffee pots
Solution
1.With specialization and trade Orange Rose Produces 985 units of Tea pots. & Blue Violet produces 985 units Coffee Pots.
2. Orange Rose produces 985 units of Tea Pots and 0 units of coffee Pots
3. Blue Violet produces 0 unit of Tea Pots and 985 units of coffee Pots.
