Suppose that a worker in Country A can make either 10 iPods or 5 tablets each year. Country A has 100 workers. Suppose a worker in Country B can make either 2 iPods or 10 tablets each year. Country B has 200 workers. Country B has the ________ advantage in the production of tablets, which means they should specialize in ________.
A. comparative; iPods
B. absolute; tablets
C. absolute; iPods
D. comparative; tablets
Answer: D
Economics
You might also like to view...
Points below a firm's total product curve are
A) both attainable and technologically efficient. B) neither attainable nor technologically efficient. C) attainable but not technologically efficient. D) technologically efficient but not attainable.
Economics
To calculate the slope of a curved line, you can calculate the slope at a point on the curve or across an arc of the curve
Indicate whether the statement is true or false
Economics