Question
Assume the table below shows the quantities of computers and cell phones that a worker can produce in an hour in Japan and South Korea.
Assume the table below shows the quantities of computers and cell phones that a worker can produce in an hour in Japan and South Korea.
Computers Cell Phones
Japan8 10South Korea12 23
The opportunity cost of producing a computer in Japan is
a computer in South Korea is cell phones.(Enter your responses rounded to two decimal places.)
(1)has a comparative advantage producing computers and (2)has a comparative advantage producing cell phones.
(1)South Korea(2)South Korea Japan Japan
cell phones and the opportunity cost of producing
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