Table 3.1
-Table 3.1 illustrates Willy and Blythe's hourly production for apples and carrots.From the table,we can conclude that

Question

Quizplus · Accepted Answer

According to the table, Blythe has a comparative advantage in apples as she has a higher hourly production rate compared to Willy. Therefore, Blythe should specialize in producing apples and trade for carrots with Willy, who has a comparative advantage in carrot production. This would result in both parties being able to maximize their production and consumption of both goods.

Table 3.1 -Table 3.1 Illustrates Willy and Blythe's Hourly Production for Apples