Question
Country A can produce 5 yards of textiles or 3 pounds of food per unit of input. Country B can produce 4 yards of textiles
Country A can produce 5 yards of textiles or 3 pounds of food per unit of input. Country B can produce 4 yards of textiles or 3 pounds of food per unit of input.
a) Country B is relatively more efficient than Country A in the production of food and textiles.
b) Country A has an absolute advantage over Country B in the production of food and textiles.
c) Country A is relatively more efficient than Country B in the production of textiles and food.
d) Country B is relatively more efficient than Country A in the production of food
e) Country B has an absolute advantage over Country A in the production of food and textiles.
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