Question
Dianna and Jim both produce bananas and pineapples on the Macro Islands. The table above shows some of the combinations of the two products that
Dianna and Jim both produce bananas and pineapples on the Macro Islands. The table above shows some of the combinations of the two products that can be produced using the same resources.
Use the table above to answer the following questions:
- What is Dianna's opportunity cost for producing 1 banana and 1 pineapple?
- What is Jim's opportunity cost for producing 1 banana and 1 pineapple?
- Who has the comparative advantage in the production of each good?
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Local Consumption And Global Environmental Impacts Accounting, Trade-offs And Sustainability
Authors: Kuishuang Feng, Klaus Hubacek, Yang Yu
1st Edition
1317577272, 9781317577270
