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The Figure Below Shows Arcticland's Annual Production Possibilities Boundary for the Production

Question 33

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The figure below shows Arcticland's annual production possibilities boundary for the production of fish and ice.
The figure below shows Arcticland's annual production possibilities boundary for the production of fish and ice.    FIGURE 33- 4 -If Country A has a comparative advantage in the production of good X relative to Country B, A) then the opportunity cost of producing X in Country A is higher than in Country B. B) then Country A also has an absolute advantage in the production of this good. C) then the opportunity cost of producing X in Country A is lower than in Country B. D) we do not have enough information to say anything about relative opportunity costs. E) then Country A also has an absolute advantage in the production of some good other than X. FIGURE 33- 4
-If Country A has a comparative advantage in the production of good X relative to Country B,


A) then the opportunity cost of producing X in Country A is higher than in Country B.
B) then Country A also has an absolute advantage in the production of this good.
C) then the opportunity cost of producing X in Country A is lower than in Country B.
D) we do not have enough information to say anything about relative opportunity costs.
E) then Country A also has an absolute advantage in the production of some good other than X.

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