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Freedonia has a comparative advantage in the production of tea

14/10/2021 muhammad11 Business & Management Masters $15-50 (Short Assignment) 2 Day
Macroeconomics For Nyanya Only The graph needs to be completed as well. Possible answers: (Laura or Robert)..has an absolute advantage in the production…..and (Laura, Robert) Robert’s opportunity cost (5 tons of alfalfa, 2 tons of alfalfa, 4 tons of alfalfa, 3 tons of alfalfa) …..cost of producting (5 tons of alfalfa, 2 tons of alfalfa, 3 tons of alfalfa, 4 tons of alfalfa). Because Robert has a (higher, lower)….Laura, (Robert, Laura)…….production of corn, and (Laura, Robert) All of the graphs needs to be completed as well. Freedonia has comparative advantage….(potatoes, neither potatoes nor tea, both potatoes and tea, tea) Sylvania has a comparative advantage…(potatoes, tea, both potatoes and tea, neither potatoes nor tea). …the most the two countries can produce is (24 million, 32 million, …
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