In Italy, an automobile can be produced by 8 workers in one day and a washing machine
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In Italy, an automobile can be produced by 8 workers in one day and a washing machine by 3 workers in one day. In the United States, an automobile can be produced by 6 workers in one day and a washing machine by 2 workers in one day.
a. Which country has an absolute advantage in the production of automobiles? In washing machines?
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Related Book For
Essentials Of Economics
ISBN: 9781429278508
3rd Edition
Authors: Paul Krugman, Robin Wells, Kathryn Graddy
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