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Question 8 Olive Oil Wine Greece 30 bottles/hr 50 bottles/hr Italy 50 bottles/hr 100 bottles/hr The table above shows Greece and Italy's ability to produce
Question 8 Olive Oil Wine Greece 30 bottles/hr 50 bottles/hr Italy 50 bottles/hr 100 bottles/hr The table above shows Greece and Italy's ability to produce both olive oil and wine. According to this table, has an absolute advantage in producing olive oil and has a comparative advantage in producing olive oil. O Greece ; Italy O Italy ; Italy Greece ; Neither O Italy ; Greece Greece ; Greece
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