4. Suppose that the opportunity-cost ratio for sugar and almonds is 4S 1A in Hawaii but...

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4. Suppose that the opportunity-cost ratio for sugar and almonds is 4S ≡ 1A in Hawaii but 1S ≡ 2A in California. Which state has the comparative advantage in producing almonds? LO20.2

a. Hawaii.

b. California.

c. Neither.

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Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

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Question Posted: Sep 30, 2024 01:01 AM

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4. Suppose that the opportunity-cost ratio for sugar and almonds is 4S 1A in Hawaii but...

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Macroeconomics

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