-The table above gives the production possibilities frontier for two countries,Anaconda and Bear.The table shows that
A) Bear achieves production efficiency only at its production point A.
B) Anaconda achieves production efficiency only at its production point A.
C) Anaconda has a comparative advantage in the production of corn.
D) Bear has an absolute advantage in the production of both goods.
E) Both answers A and B are correct.

Question

-The table above gives the production possibilities frontier for two countries,Anaconda and Bear.The table shows that
A) Bear achieves production efficiency only at its production point A. 
B) Anaconda achieves production efficiency only at its production point A. 
C) Anaconda has a comparative advantage in the production of corn. 
D) Bear has an absolute advantage in the production of both goods. 
E) Both answers A and B are correct.

Quizplus · Accepted Answer

Anaconda has a comparative advantage in the production of corn if it can produce corn at a lower opportunity cost than Bear.

-The Table Above Gives the Production Possibilities Frontier for Two