$$\begin{array}{l}
{ ~~~~~~~~~~~~~~~~~~~~~\text { Wat's Production Possibilities } }\
\begin{array} { | l | c | c | c | c | c | c | }
\hline \text { Product } & A & B & C & D & E & F \
\hline \text { Rice } & 750 & 600 & 450 & 300 & 150 & 0 \
\hline \text { Corn } & 0 & 50 & 100 & 150 & 200 & 250 \
\hline
\end{array}\\
{ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\text { Xat's Production Possibilities } }\
\begin{array} { | l | c | c | c | c | c | c | }
\hline \text { Product } & A & B & C & D & E & F \
\hline \text { Rice } & 2,500 & 2,000 & 1,500 & 1,000 & 500 & 0 \
\hline \text { Corn } & 0 & 100 & 200 & 300 & 400 & 500 \
\hline
\end{array}
\end{array}$$ The hypothetical nations Wat and Xat have the production possibilities for rice and corn given in the accompanying tables. Which of the following statements about the two nations is correct based on
The principle of comparative advantage?

Question

$$\begin{array}{l}
{ ~~~~~~~~~~~~~~~~~~~~~\text { Wat's Production Possibilities } }\
\begin{array} { | l | c | c | c | c | c | c | } 
\hline \text { Product } & A & B & C & D & E & F \
\hline \text { Rice } & 750 & 600 & 450 & 300 & 150 & 0 \
\hline \text { Corn } & 0 & 50 & 100 & 150 & 200 & 250 \
\hline
\end{array}\\
{ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\text { Xat's Production Possibilities } }\
\begin{array} { | l | c | c | c | c | c | c | } 
\hline \text { Product } & A & B & C & D & E & F \
\hline \text { Rice } & 2,500 & 2,000 & 1,500 & 1,000 & 500 & 0 \
\hline \text { Corn } & 0 & 100 & 200 & 300 & 400 & 500 \
\hline
\end{array}
\end{array}$$ The hypothetical nations Wat and Xat have the production possibilities for rice and corn given in the accompanying tables. Which of the following statements about the two nations is correct based on
The principle of comparative advantage?

Quizplus · Accepted Answer

Xat has a higher opportunity cost for producing corn compared to rice, indicating a comparative advantage in rice production. For every unit of rice produced, Xat gives up less corn than Wat, making Xat more efficient in rice production.

The Hypothetical Nations Wat and Xat Have the Production Possibilities