Suppose, in the North, one unit of labor produces $f _ { n }$
units of fish or $c _ { n }$
units of chips. In the South, one unit of labor produces $f _ { s }$
units of fish and $c _ {s }$
units of chips. For the South to specialize in fish, it must be that $\left( f _ { s } / c _ { s } \right)

Question

Suppose, in the North, one unit of labor produces $f _ { n }$ 
units of fish or $c _ { n }$ 
units of chips. In the South, one unit of labor produces $f _ { s }$ 
units of fish and $c _ {s }$ 
units of chips. For the South to specialize in fish, it must be that $\left( f _ { s } / c _ { s } \right) < \left( f _ { n } / c _ { n } \right)$ 
.

Quizplus · Accepted Answer

For the South to specialize in fish, its opportunity cost of producing fish (in terms of chips) must be lower than that of the North, which is represented by the given inequality.

Suppose, in the North, One Unit of Labor Produces fnf _ { n }fn​

Suppose, in the North, One Unit of Labor Produces $f _ { n }$