Suppose an American worker can make 100 chairs or catch 1,000 fish per day.A Chilean worker,on the other hand,can produce 40 chairs or catch 400 fish per day.Which of the following statements is true?
A) The United States has the comparative advantage in chair production.
B) Chile has the comparative advantage in chair production.
C) Both the United States and Chile have a comparative advantage in chair production.
D) Neither the United States nor Chile has a comparative advantage in chair production.

Question

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The Answer of Suppose an American worker can make 100 chairs or catch 1,000 fish per day.A Chilean worker,on the other hand,can produce 40 chairs or catch 400 fish per day.Which of the following statements is true?
A) The United States has the comparative advantage in chair production.
B) Chile has the comparative advantage in chair production.
C) Both the United States and Chile have a comparative advantage in chair production.
D) Neither the United States nor Chile has a comparative advantage in chair production.

Suppose an American Worker Can Make 100 Chairs or Catch