Use the table below to answer the following question. The table outlines the production possibilities of Slavia and Italia for food and clothing. Which of the following is true?
A) Italia has a comparative advantage in producing both food and clothing.
B) Italia is the low-opportunity cost producer of clothing.
C) Slavia is the low-opportunity cost producer of food.
D) Italia has a comparative advantage in producing food.

Question

Use the table below to answer the following question. The table outlines the production possibilities of Slavia and Italia for food and clothing.  Which of the following is true?
A) Italia has a comparative advantage in producing both food and clothing. 
B) Italia is the low-opportunity cost producer of clothing. 
C) Slavia is the low-opportunity cost producer of food. 
D) Italia has a comparative advantage in producing food.

Quizplus · Accepted Answer

The Answer of Use the table below to answer the following question. The table outlines the production possibilities of Slavia and Italia for food and clothing.  Which of the following is true?
A) Italia has a comparative advantage in producing both food and clothing. 
B) Italia is the low-opportunity cost producer of clothing. 
C) Slavia is the low-opportunity cost producer of food. 
D) Italia has a comparative advantage in producing food.

Use the Table Below to Answer the Following Question