Question: QUESTION 18 TABLE 1.1 Use the information in the table to answer the following question(s). Snowboards Cell Phones Assumptions (containers/ unit) (containers/unit) Austria-output per unit
QUESTION 18 TABLE 1.1 Use the information in the table to answer the following question(s). Snowboards Cell Phones Assumptions (containers/ unit) (containers/unit) Austria-output per unit of production input 15 8 Russia-output per unit of production input 12 3 Austria-total production inputs 1,000 Russia-total production inputs 1,000 A production unit in Austria has a/an over a production unit in Russia in absolute disadvantage; snowboards absolute disadvantage cell phones absolute advantage; both cameras and snowboards none of the above
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
