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Vera and Nika can produce calculators and computers. Their hourly rates of production are as follows: Calculators Per Hour Computers Per Hour Vera 100 10
Vera and Nika can produce calculators and computers. Their hourly rates of production are as follows: Calculators Per Hour Computers Per Hour Vera 100 10 Nika 120 6 The following statement is true: Group of answer choices 1. Vera does not have a comparative advantage in production of either of the goods 2. Vera and Nika would not benefit from trade 3. Nika has an absolute advantage in making both goods 4. Nika has a comparative advantage in making calculators, and 5. Vera has comparative advantage in making computers
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