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
Microeconomics Principles, Problems and Policies
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
ISBN: 978-1259450242