Country A produces a ton of coffee using one unit of resources. Country B produces two tons of coffee using one unit of resources. Which of the following is true regarding Country A and Country B?
A) Country A has an absolute advantage in producing coffee.
B) Country B has an absolute advantage in producing coffee.
C) Neither Country A nor Country B has an absolute advantage in producing coffee.
D) Both Country A and Country B have an absolute advantage in producing coffee.
B
You might also like to view...
Answering questions during or after a presentation is a form of _____
A) reinforcement B) persuasive speaking C) recency effect D) planned discussion E) impromptu speaking
Using the information in Table J.11 and the slack per remaining operations ratio (S/RO) rule, what is the average past due?
A) fewer than or equal to 10 hours B) greater than 10 hours but fewer than or equal to 20 hours C) greater than 20 hours but fewer than or equal to 30 hours D) greater than 30 hours