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11 Aug 2018
22) Individuals A and B can both produce goods X and Y. Individual A has a comparative advantage in the production of Xif A) A has a preference to consume X. B) B has superior knowledge about how to produce X. C) the amount by which A must reduce production of Y is more than the amount by which B must reduce production of Y to produce an additional unit of X. D) the amount by which A must reduce production of Y is less than the amount by which В must reduce production of Y to produce an additional unit of X. E) A is faster than B at producing X.
22) Individuals A and B can both produce goods X and Y. Individual A has a comparative advantage in the production of Xif A) A has a preference to consume X. B) B has superior knowledge about how to produce X. C) the amount by which A must reduce production of Y is more than the amount by which B must reduce production of Y to produce an additional unit of X. D) the amount by which A must reduce production of Y is less than the amount by which В must reduce production of Y to produce an additional unit of X. E) A is faster than B at producing X.
Collen VonLv2
13 Aug 2018