If the United States could produce 4 tons of potatoes or 2 tons ...

[geoffrey]

If the United States could produce 4 tons of potatoes or 2 tons of wheat per worker per year, while Ireland could produce 3 tons of potatoes or 2 tons of wheat per worker per year, the country with the comparative advantage in producing potatoes is ____ and the country with the absolute advantage in producing potatoes is ____.
 a. the United States; the United States
  b. the United States; Ireland
 c. Ireland; the United States
 d. Ireland; Ireland

Question 2

If the production of a product creates external costs, there is an ____ to production of that good which the government can correct for by ____.
 a. overallocation of resources; granting a subsidy
 b. overallocation of resources; imposing a per-unit tax
  c. underallocation of resources; granting a subsidy
 d. underallocation of resources; imposing a per-unit tax

[janeli]

Answer to Question 1

a

Answer to Question 2

b

[geoffrey]

Excellent

[cam1229]

TYSM