Solved

Table 2.6 Table 2.6 Shows the Number of Labour Hours Required to of Labour

Question 109

Multiple Choice
Table 2.6 Table 2.6 shows the number of labour hours required to produce a digital camera and a kilo of wheat in China and South Korea. -Refer to Table 2.6. Does either China or South Korea have an absolute advantage and if so, in what product? A)South Korea has an absolute advantage in wheat. B)China has an absolute advantage in wheat. C)South Korea has an absolute advantage in both products. D)China has an absolute advantage in both products.

Table 2.6
Table 2.6 Table 2.6 shows the number of labour hours required to produce a digital camera and a kilo of wheat in China and South Korea. -Refer to Table 2.6. Does either China or South Korea have an absolute advantage and if so, in what product? A) South Korea has an absolute advantage in wheat. B) China has an absolute advantage in wheat. C) South Korea has an absolute advantage in both products. D) China has an absolute advantage in both products.
Table 2.6 shows the number of labour hours required to produce a digital camera and a kilo of wheat in China and South Korea.
-Refer to Table 2.6. Does either China or South Korea have an absolute advantage and if so, in what product?


A) South Korea has an absolute advantage in wheat.
B) China has an absolute advantage in wheat.
C) South Korea has an absolute advantage in both products.
D) China has an absolute advantage in both products.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q104: Table 2.6
Table 2.6 </p></div><svg width=

Q105: Which of the following statements is true?
A)Individuals

Q106: If the best surgeon in town is

Q107: Specialising in the production of a good

Q108: Figure 2.7
Figure 2.7 </p></div><svg width=

Q110: Figure 2.7
Figure 2.7 </p></div><svg width=

Q111: Table 2.6
Table 2.6 </p></div><svg width=

Q112: Figure 2.7
Figure 2.7 </p></div><svg width=

Q113: Figure 2.7
Figure 2.7 </p></div><svg width=

Q114: Table 2.6
Table 2.6 </p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents