Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
New Topic  
Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
Bonnie can produce either 10 hats or 20 scarves in a month. Phil can produce either 10 hats or 5 scarves in a month. Therefore:
A) Phil has a comparative advantage in hats, Bonnie in scarves.
B) Bonnie has a comparative advantage in hats, Phil in scarves.
C) Phil has a comparative advantage in both hats and scarves.
D) Bonnie has a comparative advantage in both hats and scarves.
E) Neither of them has a comparative advantage in hats.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 176 times
3 Replies
Replies
Answer verified by a subject expert
Chimelo46Chimelo46
wrote...
Top Poster
Posts: 5641
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Sublight2097 Author
wrote...
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
wrote...
8 years ago
It was nothing, thanks for updating us.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1121 People Browsing
 106 Signed Up Today
Related Images
  
 9117
  
 160
  
 302
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352