4. Suppose that the opportunity-cost ratio for pears and apples is 4P : 1A in British Columbia...
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4. Suppose that the opportunity-cost ratio for pears and apples is 4P : 1A in British Columbia but 1P : 2A in Ontario. Which province has the comparative advantage in producing apples? [LO19.1]
a. British Columbia
b. Ontario
c. Neither
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Related Book For
Microeconomics
ISBN: 9781108420969
15th Canadian Edition
Authors: Campbell R. Mcconnell, Stanley L. Brue, Sean M. Flynn, Thomas P. Barbiero
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