Question
Jamaica can produce 100 hats or 500 shirts. The U.S can produce 1000 hats or 4000 shirts. The U.S has a comparative advantage in the
Jamaica can produce 100 hats or 500 shirts. The U.S can produce 1000 hats or 4000 shirts. The U.S has a comparative advantage in the production of __________ and an absolute advantage in the production of __________
Group of answer choices
hats; hats
shirts; shirts
hats; both hats and shirts
shirts; both hats and shirts
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College Mathematics for Business Economics Life Sciences and Social Sciences
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
12th edition
321614003, 978-0321614001
