1 Tina can produce any of the following combinations of goods X and Y: (a) 100X and...

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1 Tina can produce any of the following combinations of goods X and Y:

(a) 100X and 0Y,

(b) 50X and 25Y, and

(c) 0X and 50Y. David can produce any of the following combinations of goods X and Y:

(a) 50X and 0Y,

(b) 25X and 40Y, and

(c) 0X and 80Y. Who has a comparative advantage in the production of good X? of good Y? Explain your answer.

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Economics

ISBN: 9780324595420

9th Edition

Authors: Roger A. Arnold

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