2. In Country A, the production of 1 bicycle requires using resources that could otherwise be used...

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2. In Country A, the production of 1 bicycle requires using resources that could otherwise be used to produce 11 lamps.

In Country B, the production of 1 bicycle requires using resources that could otherwise be used to produce 15 lamps.

Which country has a comparative advantage in making bicycles? [LO19.1]

a. Country A

b. Country B

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Microeconomics

ISBN: 9781108420969

15th Canadian Edition

Authors: Campbell R. Mcconnell, Stanley L. Brue, Sean M. Flynn, Thomas P. Barbiero

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