Answer the question(s)below based on the information in the following table
Country
$$\begin{array} { | c | c | c | }
\hline \text { Goods } & \mathrm { A } & \mathrm { B } \
\hline \mathrm { X } & 3 & 9 \
\hline \mathrm { Y } & 4 & 2 \
\hline
\end{array}$$ (numbers indicate hours of labor per unit of output)
-Refer to the table above.Country A has an absolute advantage in
A)beer.
B)wine.
C)both beer and wine.
D)neither beer nor wine.

Question

Answer the question(s)below based on the information in the following table
Country
 $$\begin{array} { | c | c | c | } 
\hline \text { Goods } & \mathrm { A } & \mathrm { B } \
\hline \mathrm { X } & 3 & 9 \
\hline \mathrm { Y } & 4 & 2 \
\hline
\end{array}$$ (numbers indicate hours of labor per unit of output)
-Refer to the table above.Country A has an absolute advantage in
A)beer.
B)wine.
C)both beer and wine.
D)neither beer nor wine.

Quizplus · Accepted Answer

Country A has an absolute advantage in both goods because it requires fewer hours of labor to produce a unit of both goods X and Y compared to Country B (3 hours vs. 9 hours for good X and 4 hours vs. 2 hours for good Y).

Answer the Question(s)below Based on the Information in the Following