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Residents of the nation of Border Kingdom can forgo production of 8K televisions and utilize all available resources to produce 420 bottles of highquality wine
Residents of the nation of Border Kingdom can forgo production of 8K televisions and utilize all available resources to produce 420 bottles of highquality wine per hour. Alternatively, they can forgo producing wine and instead produce 70 BK TVs per hour. In the neighboring country of Coastal Realm, residents can forgo production of 8K TVs and use all resources to produce 240 bottles of highquality wine per hour, or they can forgo wine production and produce 60 BK TVs per hour. In both nations, the opportunity costs of producing the two goods are constant. The opportunity cost of producing 1 8K TV in Border Kingdom is 6.0 bottles of wine. The opportunity cost of producing 1 8K TV in Coastal Realm is 4.0 bottles of wine. Based on the opportunity costs above, the comparative advantage in producing bottles of wine is held by |:|,while |:| the comparative advantage in producing 8K TVs
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