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Georgia can produce 200 yogurts or 400 Ipads, whilst Barbados 300 yogurts or 900 Ipads. What is Georgia's opportunity cost of producing yogurts? 3 marks

  1. Georgia can produce 200 yogurts or 400 Ipads, whilst Barbados 300 yogurts or 900 Ipads.

  1. What is Georgia's opportunity cost of producing yogurts? 3 marks

  1. What is Barbados' opportunity cost of producing ipads? 3 marks

  1. What is Barbados' opportunity cost of producing yogurt? 3 marks

  1. What is Georgia's opportunity cost of producing ipads? 3 marks

  1. Which nation has the absolute advantage in yogurt production? 2 marks

  1. Which nation has the absolute advantage in Ipad production? 2 marks

  1. Which nation has the comparative advantage in yogurt production? 2 marks

Which nation has the comparative advantage in Ipad production

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