Suppose in Belgium,the opportunity cost of producing a trombone is 8 clarinets.In Denmark,the opportunity cost of producing a trombone is 6 clarinets.
a.What is the opportunity cost of producing a clarinet for Belgium?
b.What is the opportunity cost of producing a clarinet for Denmark?
c.Which country has a comparative advantage in the production of clarinets?
d.Which country has a comparative advantage in the production of trombones?

Question

Quizplus · Accepted Answer

The Answer of Suppose in Belgium,the opportunity cost of producing a trombone is 8 clarinets.In Denmark,the opportunity cost of producing a trombone is 6 clarinets.
a.What is the opportunity cost of producing a clarinet for Belgium?
b.What is the opportunity cost of producing a clarinet for Denmark?
c.Which country has a comparative advantage in the production of clarinets?
d.Which country has a comparative advantage in the production of trombones?

Suppose in Belgium,the Opportunity Cost of Producing a Trombone Is