Mary takes 4 minutes to make a sandwich and 6 minutes to mix a cocktail. Her sister Ash takes 4 minutes to make a sandwich and 4 minutes to mix a cocktail. Calculate each sisterʹs opportunity cost. Which of the two sisters has an absolute advantage in making sandwiches? In mixing cocktails? Which of the two has a comparative advantage in making sandwiches? In mixing cocktails? $$\begin{array} { | l l | l l | }
\hline \begin{array} { l }
\text { Nation A's production } \
\text { in 1 day }
\end{array} && { \begin{array} { l }
\text { Nation B's production } \
\text { in 1 day }
\end{array} } \
\hline \text { Computers } & 100 & \text { Computers } & 120 \
\text { Software } & 140 & \text { Software } & 150 \
\hline
\end{array}$$

Question

Mary takes 4 minutes to make a sandwich and 6 minutes to mix a cocktail. Her sister Ash takes 4 minutes to make a sandwich and 4 minutes to mix a cocktail. Calculate each sisterʹs opportunity cost. Which of the two sisters has an absolute advantage in making sandwiches? In mixing cocktails? Which of the two has a comparative advantage in making sandwiches? In mixing cocktails? $$\begin{array} { | l l | l l | } 
\hline \begin{array} { l } 
\text { Nation A's production } \
\text { in 1 day }
\end{array} && { \begin{array} { l } 
\text { Nation B's production } \
\text { in 1 day }
\end{array} } \
\hline \text { Computers } & 100 & \text { Computers } & 120 \
\text { Software } & 140 & \text { Software } & 150 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Mary takes 4 minutes to make a sandwich and 6 minutes to mix a cocktail. Her sister Ash takes 4 minutes to make a sandwich and 4 minutes to mix a cocktail. Calculate each sisterʹs opportunity cost. Which of the two sisters has an absolute advantage in making sandwiches? In mixing cocktails? Which of the two has a comparative advantage in making sandwiches? In mixing cocktails? $$\begin{array} { | l l | l l | } 
\hline \begin{array} { l } 
\text { Nation A's production } \
\text { in 1 day }
\end{array} && { \begin{array} { l } 
\text { Nation B's production } \
\text { in 1 day }
\end{array} } \
\hline \text { Computers } & 100 & \text { Computers } & 120 \
\text { Software } & 140 & \text { Software } & 150 \
\hline
\end{array}$$

Mary Takes 4 Minutes to Make a Sandwich and 6