If country A can produce either 10 automobiles or 200 computers with 1 unit of resources while country B can produce either 8 automobiles or 125 computers with 1 unit of resources,then with respect to the production of computers,country A is ________ country B.
A) relatively less efficient than
B) 28 percent more efficient than
C) 37.5 percent more efficient than
D) 60 percent more efficient than
E) 4.75 times as efficient as
Correct Answer:
Verified
Q8: In general,individuals and countries that attempt to
Q9: In which of the following situations describing
Q10: If country A can produce either 1,000
Q11: If country A can produce 200 bicycles
Q12: Country A must have an absolute advantage
Q14: A country that can produce a unit
Q15: A husband and wife both work during
Q16: Goods and services produced in the United
Q17: Exports from the United States are the
Q18: Exports from the United States
A) represent about
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