The following table shows output per hour for Martha and Stewart who make gift baskets and potholders:
What is the opportunity cost of a gift basket for Martha? What is the opportunity cost of a gift basket for Stewart? Who has a comparative advantage in producing gift baskets? How can you tell?

Question

The following table shows output per hour for Martha and Stewart who make gift baskets and potholders:
  What is the opportunity cost of a gift basket for Martha? What is the opportunity cost of a gift basket for Stewart? Who has a comparative advantage in producing gift baskets? How can you tell?

Quizplus · Accepted Answer

The Answer of The following table shows output per hour for Martha and Stewart who make gift baskets and potholders:
  What is the opportunity cost of a gift basket for Martha? What is the opportunity cost of a gift basket for Stewart? Who has a comparative advantage in producing gift baskets? How can you tell?

The Following Table Shows Output Per Hour for Martha and Stewart