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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 22
In Country A, the production of 1 bicycle requires using resources that could otherwise be used to produce 11 lamps. In Country B, the production of 1 bicycle requires using resources that could otherwise be used to produce 15 lamps. Which country has a comparative advantage in making bicycles?
A) Country A.
B) Country B.
A) Country A.
B) Country B.
Explanation
Verified
Verified
Hence, the correct answer is a...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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