chapter 10 question 10

10. Practice similar

< Previous Suppose that the world is composed of two countries, Aptonville and Boonton. Two things are produced in these countries: Grapefruit and Papayas. The table below presents information on the number of hours it takes to make one unit of each good in each country. For example, according to the table it takes 4 hours to produce 1 unit of Grapefruits in Aptonville, Using this information, calculate the labor cost of producing Grapefruits relative to Papayas in each country and fill in the blanks. Country Labor cost of Grapefruits Labor cost of Papayas Relative labor cost of Grapefruits Aptonville Boonton 4 hours I hours 4 hours 3 hours Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more