If Dutch labor can produce 3 soda pops or 5 yogurt cones in a day, while British labor can produce 2 soda pops and 4 yogurt cones, then _____ has a comparative advantage in yogurt cones.
A) the U.K.
B) the Netherlands
C) both the U.K. and the Netherlands
D) neither
E) There is not enough information to answer this question.
Correct Answer:
Verified
Q28: based on the following information. A worker
Q29: based on the following information. A worker
Q30: based on the following information. A worker
Q31: based on the following information. A worker
Q32: based on the following information. A worker
Q34: In Bulgaria the price of brooms in
Q35: _ has a comparative advantage in the
Q36: based on the following information. A worker
Q37: based on the following information. A worker
Q38: based on the following information. A worker
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