(Solved by Humans)-Country A can produce 10 units of X or 2 units of Y; country B

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Type of Paper:

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Question

Country A can produce 10 units of X or 2 units of Y; country B can produce 4 units of X or 1 unit of Y.

a) The opportunity cost of 1 X in A is 5 Y


b) The opportunity cost of 1 X in B is 4 Y


c) The opportunity cost of 1 Y in B is 4X


d) Country A has comparative advantage in the production of Y




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