macroeconomics unsolved practicals
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c. $ one brat for Josef? And what is the opportunity cost of packing one pizza for Josef? (2 marks) (ii) Then, take into account the case of Fidel. What is the opportunity cost of packing one brat for Fidel? And what is the opportunity cost of packing one pizza for Fidel? (2 marks) (iii) Now, consider that the new worker will work 8 hours a day. Suppose you want 900 pizzas and 600 brats to be packed and that you can hire only one worker. Who will be able to do both things in less time? (4 marks) (iv) Consider now that you can hire either of them or both of them on an hourly basis. They make the same hourly salary. Again, you want 900 pizzas and 600 brats to be packed. What would you do in this case? Explain the logic behind your choice. (5 marks) 8. Two Canadian workers, Alan and Jessica, can each produce stoves or coffee. Alan can produce either 150 kg of coffee or 1 stove per month. Jessica can produce either 60 kg of coffee or 1 stove per month. How much of each good is produced if each worker specializes according to comparative advantage? a) 2 stoves and 60 kg coffee b) 1 stove and 60 kg coffee c) 2 stove and 210 kg coffee d) None of the above 9. For the following question, assume that in Canada the opportunity cost of coal is 1/3 barrel of oil and the opportunity cost of oil is 3 tons o