Scenario 17.1
The data in the table tell us that both the United States and Mexico produce wheat and beef. The United States can make 6 bushels of wheat or 1 pound of beef in a day. Mexico can make 2 bushels of wheat or 4 pounds of beef in a day.

-In the table in Scenario 17.1, the United States has a comparative advantage in

Question

Scenario 17.1
The data in the table tell us that both the United States and Mexico produce wheat and beef. The United States can make 6 bushels of wheat or 1 pound of beef in a day. Mexico can make 2 bushels of wheat or 4 pounds of beef in a day.
 
-In the table in Scenario 17.1, the United States has a comparative advantage in

Quizplus · Accepted Answer

The United States has a comparative advantage in wheat if it can produce it at a lower opportunity cost than other goods compared to another country. Without specific data from Scenario 17.1, the general principle is that a country has a comparative advantage in the production of a good if it sacrifices less of other goods to produce it compared to another country.

Scenario 17.1 the Data in the Table Tell Us That Both the Both