The table shows the amount of cherries or apples that Chile and Argentina can produce using one day of labor. The opportunity cost of producing 1 cherry is _____ in Chile and _____ in Argentina. _____ has a comparative advantage in cherry production.
A) 2 apples; 3 apples; Chile
B) 2 apples; 3 apples; Argentina
C) 0.5 apple; 0.33 apple; Chile
D) 0.5 apple; 0.33 apple; Argentina
Correct Answer:
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