The following graph shows the production possibilities curve for the economy with only two members, Silvia and Art. Silvia can produce either 50 pounds of beef or 2 computers per week, and Art can produce 100 pounds of beef or 1 computer per week. Both of them work 40 weeks per year. Silvia has a comparative advantage in producing ________, and Art has a comparative advantage in producing ________.

Question

The following graph shows the production possibilities curve for the economy with only two members, Silvia and Art. Silvia can produce either 50 pounds of beef or 2 computers per week, and Art can produce 100 pounds of beef or 1 computer per week. Both of them work 40 weeks per year.  Silvia has a comparative advantage in producing ________, and Art has a comparative advantage in producing ________.

Quizplus · Accepted Answer

The Answer of The following graph shows the production possibilities curve for the economy with only two members, Silvia and Art. Silvia can produce either 50 pounds of beef or 2 computers per week, and Art can produce 100 pounds of beef or 1 computer per week. Both of them work 40 weeks per year.  Silvia has a comparative advantage in producing ________, and Art has a comparative advantage in producing ________.

The Following Graph Shows the Production Possibilities Curve for the Economy