Question: 5 5 Multiple Choice 1 point Refer to Table. The table below shows the maximum amounts of coffee and salmon that Brazil and British Colombia
Multiple Choice
point
Refer to Table. The table below shows the maximum amounts of coffee and salmon that Brazil and British Colombia can produce if they just produce one good.
Table
tableCoffee,SalmonBrazilBritish Columbia,
Brazil has a comparative advantage in coffee production.
In BC the marginal cost of coffee production is units of salmon.
In Brazil, the marginal cost of salmon production is units of coffee.
All of the above are correct.
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