If resources and goods are free to move across states, and if Florida producers choose to specialize

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If resources and goods are free to move across states, and if Florida producers choose to specialize in growing grapefruit and Georgia producers choose to specialize in growing peaches, then we could reasonably conclude that ______.

a. Georgia has a comparative advantage in producing peaches

b. Florida has a comparative advantage in producing peaches

c. The opportunity cost of growing peaches is lower in Georgia than in Florida

d. The opportunity cost of growing grapefruit is lower in Florida than in Georgia

e. All of these except Florida has a comparative advantage in producing peaches are true

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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