Answer to Question #105744 in Macroeconomics for Kg

Question #105744

The number of apples and beef two countries produce on average in a month.
Country 1 : Apples 1600kg Beef 64kg
Country 2: Apples 9000kg Beef 300kg
A Which country has an absolute advantage in producing apples?
1 neither country 1 nor country 2
2 both country 1 and country 2
3 country 1
4 country 2

B Which country has a comparative advantage in producing beef?
1 country 2
2 country 1
3 neither country 1 nor country 2
4 both country 1 and country 2

Expert's answer

A. 4 country 2

B. 1 country 2

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Comments

Assignment Expert

06.04.20, 17:06

Dear visitor, please use panel for submitting new questions

Nteba

04.04.20, 12:16

Explain and show how you arrived at your answers? Show us the calculations.

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