2.3 Susans opportunity cost of gathering a pound of nuts is now 1 2 pound of coffee...
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2.3 Susan’s opportunity cost of gathering a pound of nuts is now 1 ⁄2 pound of coffee and Tom’s opportunity cost of gathering a pound of nuts is now only 1 pound of coffee. So Tom has a comparative advantage at picking coffee and Susan has a comparative advantage at gathering nuts.
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International Human Resource Management A Multinational Company Perspective
ISBN: 9780199258093
1st Edition
Authors: Monir Tayeb
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