The manufacturing sector is dominated by

If Eddie can produce 40 milk shakes or 20 banana splits in an hour, and Tina can produce 30 milk shakes or 16 banana splits in an hour, then Tina has a comparative advantage in producing milk shakes

Indicate whether the statement is true or false

What factors can push the real wage rate above its equilibrium level? Briefly explain each factor

What will be an ideal response?