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Suppose that the countries Amazonia and Appleton can make either cell phones or computers according to the table below: Which country has the absolute advantage
Suppose that the countries Amazonia and Appleton can make either cell phones or computers according to the table below: Which country has the absolute advantage in phone production? Which country has the comparative advantage in phone production? What is the minimum price the phone-exporting country is willing to accept (input your answer with 2 decimal places)? What is the maximum price the phone-importing country is willing to pay (input your answer with 2 decimal places)
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