Business
Business, 19.10.2019 00:30, cal1805p8uo38

Trade between north and south korea was legalized in 1988, but it's currently very limited. assume, however, that hyundai hires a work force of 800 workers in a plant in north korea just across the boundary with south korea, where a "partner" plant with 800 workers is located. suppose that auto workers in south korea can produce components used to make cars at the rate of 8 sets of components per worker per day and can assemble cars at the rate of 2 cars per worker per day. in north korea, auto workers can produce components at the rate of 1 set of components per day and can assemble cars at the rate of 4 cars per worker per day. one set of components is required for each car. if each plant carries out production independently without trade, then south korea can produce a maximum of cars and north korea can produce a maximum of cars. (enter your responses as whole numbers.)

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Trade between north and south korea was legalized in 1988, but it's currently very limited. assume,...

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