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Answer it correctly please. I ll rate with multiple votes. TYPED answer only. Explain well. Assume that Huang and Min can switch between producing parasols
Answer it correctly please. I ll rate with multiple votes. TYPED answer only. Explain well.
Assume that Huang and Min can switch between producing parasols and producing constant rate. Labor Hours Needed Quantity Produced to Make 1 in 36 Hours Parasol Plate Parasol Plate Huang 2 6 18 6 Min 18 Huang has an absolute advantage in the production of Oja. neither good and a comparative advantage in the production of parasols. ( b. parasols and a comparative advantage in the production of plates O c. parasols and a comparative advantage in the production of parasols. @d. neither good and a comparative advantage in the production of plates.Which of the following is correct? (1) An increase in the price of copper will lead to an increase in the demand for aluminum (a su copper (2) An increase in the price of aluminum will leadto a decrease in quantity demanded of alumin Select one: O a. More information is needed O b. Statement 2 O c.,Both statements O d. Statement1 O e. Neither statementStep by Step Solution
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