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1- [10 points] A country has two types of workers, skilled and unskilled. Workers can produce either computers or still. Output per worker is as
1- [10 points] A country has two types of workers, skilled and unskilled. Workers can produce either computers or still. Output per worker is as follows. Output per Worker Computers Steel Unskilled Workers 10 3 Skilled Workers 20 7 a- Who has absolute advantage in production of computers and steel? Who has comparative advantage in production of these two goods? Explain your answer. b- Who has a higher standard of living? Skilled workers or unskilled workers? Explain
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