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Author Question: Why might product development be efficient and why might it be inefficient? What will be an ideal ... (Read 26 times)

fnuegbu

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Why might product development be efficient and why might it be inefficient?
 
  What will be an ideal response?

Question 2

Suppose in the United States, the opportunity cost of producing a motor engine is 4 auto bodies. In Canada, the opportunity cost of producing a motor engine is 2 auto bodies.
 
  a. What is the opportunity cost of producing an auto body for the United States?
  b. What is the opportunity cost of producing an auto body for Canada?
  c. Which country has a comparative advantage in the production of auto bodies?
  d. Which country has a comparative advantage in the production of motor engines?


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javimendoza7

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fnuegbu

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Reply 2 on: Jun 29, 2018
:D TYSM


ryansturges

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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