In Country A, a worker can make 5 bicycles per hour. In Country B, a worker can make 7 bicycles per hour. Which country has an absolute advantage in making bicycles? a. Country A. b. Country B.

Chapter 24, Exerise Questions #15

In Country A, a worker can make 5 bicycles per hour. In Country B, a worker can make 7 bicycles per hour. Which country has an absolute advantage in making bicycles? 

a. Country A.

b. Country B.

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Related Book For answer-question

Microeconomics Principles, Problems and Policies

20th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

ISBN: 978-1259450242