Question: help please Question 3 2 pts Consider a world of just two individuals, Greta and Carlos, who each need both of two goods, apples and
help please

Question 3 2 pts Consider a world of just two individuals, Greta and Carlos, who each need both of two goods, apples and wheat, to survive. They differ in how productive they are in growing apples and wheat. Based on this information, which of the following statements is correct? Select one correct answer. Production if 100% of time is spent on one good Greta 2000 apples or 60 tonnes of wheat Carlos 1000 apples or 50 tonnes of wheat O Greta has a comparative advantage in both crops. O Greta has a comparative advantage in producing wheat. O Greta has an absolute disadvantage in both crops. O Carlos has a comparative disadvantage in producing apples
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
