Dylan can edit two pages in one minute and can type 60 words in one minute. Emily can edit one page in one minute and can type 80 words in one minute. Dylan has an absolute and comparative advantage in editing, and Emily has an absolute and comparative advantage in typing.
Correct Answer:
Verified
Q24: Differences in opportunity cost allow for gains
Q33: Two countries can achieve gains from trade
Q54: International trade may make some individuals in
Q56: Some countries win in international trade, while
Q183: If it takes Canadian workers fewer hours
Q184: The only two countries in the world,
Q185: Trade allows a person to obtain goods
Q187: Tracy can fix a meal in one
Q188: Explain the difference between absolute advantage and
Q190: When each person specializes in producing the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents