It takes country A 2 units of labor to produce 1 computer and 2 units of labor
Question:
It takes country A 2 units of labor to produce 1 computer and 2 units of labor to produce 1 TV. It takes country B 3 units of labor to produce 1 computer and 4 units of labor to produce 1 TV.
a. Which country has absolute advantage in producing TVs?
b. Which country has absolute advantage in producing computers?
c. Which country has comparative advantage in producing TVs?
d. Which country has comparative advantage in producing computers?
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a Country A has an absolute advantage in producing TVs because it takes 2 units of labor for country ...View the full answer
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Gauri Hendre
I worked as EI educator for Eduphy India YT channel. I gave online tutorials to the students who were living in the villages and wanted to study much more and were preparing for NEET, TET. I gave tutions for topics in Biotechnology. I am currently working as a tutor on course hero for the biochemistry, microbiology, biology, cell biology, genetics subjects. I worked as a project intern in BAIF where did analysis on diseases mainly genetic disorders in the bovine. I worked as a trainee in serum institute of India and Vasantdada sugar institute. I am working as a writer on Quora partner program from 2019. I writing on the topics on social health issues including current COVID-19 pandemic, different concepts in science discipline. I learned foreign languages such as german and french upto A1 level. I attended different conferences in the science discipline and did trainings in cognitive skills and personality development skills from Lila Poonawalla foundation. I have been the member of Lila poonawalla foundation since 2017. Even I acquired the skills like Excel spreadsheet, MS Office, MS Powerpoint and Data entry.
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ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
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