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Laabri

Micro 1.4-A Tricky but Brilliant Theory Reading

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Last updated almost 2 years ago
13 Nsɛmmisa
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11.

Complete the following table for Skipper and Gilligan, for how hours it takes for each to make 1 fish dinner or 1 hut on the island.

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1.

Ricardo's Law of __________ ___________.

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2.

What did landowner's enjoy during the war?

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3.

The grain monopoly won by high society were called the ________ Laws.

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4.

Adam Smith was a proponent of the A_____________ A_____________.

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5.

According to Smith.....A.A. was the basic idea of whoever can make something ___________ should make that good.

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6.

Skipper can catch a fish dinner in ____ hours and build a hut in ______ hours.

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12.

Complete the following table for Skipper and Gilligan. Assuming Skipper works for 2,000 hours and Gilligan works for 3,600 hours. Assume that Skipper and Gilligan, each divide their time equally between huts and fish dinners. How many fish dinners and huts will Skipper and Gilligan each make? How many total fish dinners and huts will be on the island?

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13.

BONUS:

Are you more a "Skipper"...Captain of the Ship, High Strung, Knows when to pass the baton of leadership, Focused on getting the hard work done, Irritated by the failures of others, &/or Can give other's orders when you need to....

Are you more of a "Gilligan"....Life of the party, Aloof, Clumsy, Brave while not knowing it, A follower, &/or Fun Loving.....

OR

Are you more of a some of both?

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7.

Skipper can catch a fish dinner in ____ hours and build a hut in ______ hours.

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8.

Skipper will work ___________ hours and split his time _____________ between fish dinners and huts.

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9.

Gilligan will work ___________ hours and split his time _____________ between fish dinners and huts.

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10.

According to David Ricardo, specialization should result from the producer with C___________ A____________.