In Country A, a worker can make 5 bicycles per hour. In Country B, a worker can
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In Country A, a worker can make 5 bicycles per hour. In Country B, a worker can make 7 bicycles per hour. Which country has an absolute advantage in making bicycles?
a. Country A.
b. Country B.
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Answer b Country B Feedback Country B has an absolute advantag...View the full answer
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Related Book For
Microeconomics Principles, Problems and Policies
ISBN: 978-1259450242
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
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