Question
Norway and the U.S. each produce computers and cheese according to the following schedule: Computers Cheese United States 10,000 20,000 Norway 12,000 8,000 1.
Norway and the U.S. each produce computers and cheese according to the following schedule: Computers Cheese United States 10,000 20,000 Norway 12,000 8,000 1. Which country has the absolute advantage in computers? A. United States B. Norway C. Both OD. Neither 2. Which country has the absolute advantage in cheese? OA. United States B. Norway C. Both D. Neither 3. Which country has the comparative advantage in computers? OA. United States B. Norway C. Both D. Neither 4. Which country has the comparative advantage in cheese? OA. United States B. Norway C. Both O D. Neither
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