Author Question: Tom and Di grow tomatoes and turnips. Tom has a comparative advantage in growing tomatoes if ... (Read 229 times)

formula1

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Tom and Di grow tomatoes and turnips. Tom has a comparative advantage in growing tomatoes if ________.
 
  A) Tom can grow more tomatoes than Di can
  B) his opportunity cost of tomatoes is less than Di's opportunity cost of tomatoes
  C) his opportunity cost of tomatoes is less than his opportunity cost of turnips
  D) his marginal benefit from tomatoes is greater than Di's

Question 2

The above table gives some production and cost information for Flaming Fernando's, a restaurant that sells Fiery Frijoles. What is the average total cost of producing 4,500 frijoles?
 
  A) 2
  B) 225
  C) 9000
  D) More information is needed to determine the answer.



reversalruiz

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Answer to Question 1

B

Answer to Question 2

A



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