Show all your steps and reasoning.

Consider the productivity table below: a)Which country has an absolute advantage at making rotids? At making taurons?
Number of Hours Number of Hours

to Make One Rotid to Make One Tauron
Mandovia 50 100
Ducennia 150 20
b) Using the information in the productivity table above, estimate the opportunity
cost of making rotids and taurons in Mandovia and Ducennia.
c) There are 1 billion hours of labor available for making products in Mandovia, and 2 billion hours of labor available for making products in Ducennia. In a no-trade world, let’s assume that half the labor in each region gets used to make each product.

Fill in the table.

Output of Rotids Output of Taurons

Mandovia

Ducennia

Total output

d) Now allow specialization. If each country completely specializes in the in which it holds the comparative advantage, what will be the total output of rotids be? Of taurons? Is total output of each product higher than before?
e)Let’s open for trade. Suppose both sides agree is three rotids for two taurons. Ship 5 million taurons in one direction, and 7.5 million rotids in the other direction. What will be final consumption bundle for Mandovia and Ducennia?

a loan? that’s my guess, anywho.

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.