-In Table 17.1 the Brazil has

Question

Quizplus · Accepted Answer

Brazil has an absolute advantage if it can produce more of a good using the same amount of resources as another country, and a comparative advantage if it can produce the good at a lower opportunity cost. Without seeing Table 17.1, the correct answer cannot be determined definitively. However, given Brazil's real-world reputation for coffee production, it's plausible to choose option B, suggesting Brazil has both an absolute and comparative advantage in coffee, assuming the question is based on typical economic examples.

-In Table 17.1 the Brazil Has