-In the table above, country A is producing 4 units of X and 8 units of Y and country B is producing 4 units of X and 6 units of Y. The opportunity cost of producing more of
A) good Y is lower in country A.
B) good X is lower in country A.
C) good Y is the same for both countries.
D) good X is the same for both countries.
Correct Answer:
Verified
Q1: A person who has an absolute advantage
Q46: Q56: Q98: Marginal benefit is the Q102: When the production possibilities frontier is bowed Q103: In one day, Sue can change the Q104: Capital accumulation definitely Q105: Marginal cost curves slope Q114: The marginal benefit from a good is Q247: Comparative advantage is
A) benefit that a
A) shifts the production possibilities
A) upward because of
A) the ability to perform
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