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Figure 2-14 Figure 2-14 Shows the Production Possibilities Frontiers

Question 333

Multiple Choice

Figure 2-14 Figure 2-14   Figure 2-14 shows the production possibilities frontiers for Greenland and Iceland. Each country produces two goods, snow cones and popsicles. -Refer to Figure 2-14. Which country has a comparative advantage in the production of snow cones? A)  Greenland B)  They have equal productive abilities. C)  Iceland D)  neither country Figure 2-14 shows the production possibilities frontiers for Greenland and Iceland. Each country produces two goods, snow cones and popsicles.
-Refer to Figure 2-14. Which country has a comparative advantage in the production of snow cones?


A) Greenland
B) They have equal productive abilities.
C) Iceland
D) neither country

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