Below is the productivity per worker (kilos per day) in the wheat and bean industries of Caledonia and Ibrox.The working population in each country is 16 million people.
-Refer to the information above to answer this question.Which of the following is true?
A) Cholesterol has an absolute advantage in pork and Fat has an absolute advantage in beef.
B) Cholesterol has an absolute advantage in beef and Fat has an absolute advantage in pork.
C) Cholesterol has a comparative advantage in pork and Fat has a comparative advantage in beef.
D) Cholesterol has a comparative advantage in pork and Fat has an absolute advantage in beef.
Correct Answer:
Verified
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A)It
Q17: Below is the productivity per worker (kilos
Q19: Below is the productivity per worker (kilos
Q20: Below is the productivity per worker (kilos
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