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economic, please help. b. country B has a comparative advantage in apple. c. country B has a comparative advantage in banana. d. country A has

economic, please help.

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b. country B has a comparative advantage in apple. c. country B has a comparative advantage in banana. d. country A has no comparative advantage. Clear my choice Suppose that there are 10,000 hours of labor available in Canada, and that 15 hours of labor are required to produce one unit of cotton, while 5 hours are required to produce one unit of butter. When trade occurs, the world relative price of cotton (in terms of butter) is 5, and Canada exports 100 units of cotton. Find out Canada's imports of butter would be units. Note: If your answer is an integer, please put in an integer. If your answer is a fraction, please simplify it or convert it to a decimal. The table below shows labor hours required to produce one unit of the goods Countries Goods B Com Wheat (numbers indicate hours of labor required to produce one unit of output Refer to the table above. Country B has a comparative advantage in Select one: O a. wheat b. corn c. Neither corn nor wheat O d. Both corn and wheat MacBook AirRefer to the table above. Country BETA is relatively capital abundant. Note: Please fill in Alpha or Beta. Please double check your spelling. Typos or misspellings will be counted as wrong answers. Wheat (millions) E IC Corn 25 30 50 (millions) Refer to the figure above. When trade occurs, the world relative price of corn (in terms of wheat) is Note: If your answer is an integer, put in an integer. If your answer is a fraction, please simplify it or convert it to a decimal. Next page MacBook Air F6

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