Question: Which country has absolute advantage Dashboard > ECON 1008 > Assessment > Online Tests > Online Test 1 > Online Test 1 QUIZ Question 47
Which country has absolute advantage

Dashboard > ECON 1008 > Assessment > Online Tests > Online Test 1 > Online Test 1 QUIZ Question 47 Table 2.6 navigation Not yet OneDigital Wheat (per answered 2 4 Camera kilogram) Marked out of 100 China 100 hours 4 hours 5 8 Flag South Korea 60 hours 3 hours question 9 10 11 12 13 14 15 16 Table 2.6 shows the number of labour hours required to produce a digital camera and a kilogram of wheat in China and South 17 18 19 20 Korea. 21 22 23 24 Refer to Table 2.6. Does either China or South Korea have an absolute advantage and if so, in what product? 25 26 27 28 29 30 31 32 Select one: O a. South Korea has an absolute advantage in wheat. 33 34 35 36 O b. China has an absolute advantage in wheat. 37 38 39 40 c. South Korea has an absolute advantage in both 1:19 PM
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