Recent Posts • Latest Topics • Unanswered Questions

Corinthia and Berylia both produce 5 million watches in a year. The opportunity cost of producing ...

kady

wrote...

Go to Answer

Posts: 126

Rep:

A year ago

Corinthia and Berylia both produce 5 million watches in a year. The opportunity cost of producing ...

Corinthia and Berylia both produce 5 million watches in a year. The opportunity cost of producing one watch is 2 shirts in Corinthia, while the opportunity cost of producing one watch is 3 shirts in Berylia. Which of the following statements is TRUE in this case?

▸ Corinthia has an absolute advantage in producing watches.

▸ Berylia has a comparative advantage in producing watches.

▸ Berylia has an absolute advantage in producing watches.

▸ Corinthia has a comparative advantage in producing watches.

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 37 times

1 Reply

Report

Replies

Answer verified by a subject expert

sillysquirrel

wrote...

Posts: 115

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

kady Author

wrote...

A year ago

Correct

halyna

wrote...

Yesterday

Good timing, thanks!

noodlelicker

wrote...

2 hours ago

Smart ... Thanks!

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1280 People Browsing

124 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

161

279

1628

Your Opinion

Previous poll results: Does a gender wage gap exist in America?

It's sore throat season, why does my mucus have red spots?

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

Bonobos, Chimpanzees, and the 98% DNA Link

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.