If the United States can produce 30 computers for every car it produces and Japan can produce 15 computers for every car it produces, we can conclude that:
A.the United States has the comparative advantage in car production.
B.Japan has the comparative advantage in car production.
C.the United States has the absolute advantage in car production.
D.Japan has the absolute advantage in car production.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q9: Production possibility frontiers:
A)illustrate the production choices available
Q20: At the point at which it is
Q21: France and England both produce wine and
Q22: In a single year, the Netherlands can
Q23: The United States, at the point where
Q25: If Japan, at the point where it
Q27: Saudi Arabia has a tremendous comparative advantage
Q27: (Table: Production Possibilities for Machinery and Petroleum)
Q28: Japan, at the point at which it
Q29: The term autarky refers to a situation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents