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thanhha78 thanhha78
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7 years ago
Consider two individuals, Celia and Sondra, who produce bracelets and pendants. Celia's and Sondra's hourly productivity are as follows:

   Bracelets /hour   Pendants /hour
Celia   4   1
Sondra   10   2

Who has the absolute advantage or comparative advantage in the production of bracelets or pendants?
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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thanhha78 Author
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#2
6 years ago
can't thank you enough for this, appreciate it a lot
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