The accompanying table shows labor-productivity ?gures in two countries facing constant costs. It can be deduced that
A) country A has the absolute advantage in producing both meat and houses.
B) country B has the absolute advantage in producing both meat and houses.
C) country A has a comparative advantage in producing both meat and houses.
D) country B has a comparative advantage in producing both meat and houses.
Correct Answer:
Verified
Q187: Q188: Nation Alpha has a comparative advantage in Q189: Q190: The benefits to trading nations based on Q191: In a two-nation, two-good world, if country Q193: In Germany, one worker can produce either Q194: Employing all its available resources, Nation Alpha 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