7 Which of the following statements is (are) true? a. Alpha has a comparative advantage in...

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7• Which of the following statements is (are) true?

a. Alpha has a comparative advantage in corn, and Beta has a comparative advantage in wheat.

b. Alpha has a comparative advantage in wheat, and Beta has a comparative advantage in corn.

c. Alpha has a comparative advantage in both corn and wheat.

d. Beta has a comparative advantage in both corn and wheat.

e. Neither has a comparative advantage in anything.

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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