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Author Question: Table 2-9 Table 2-9 shows the number of labor hours required to produce a wristwatch and a pound of ... (Read 257 times)

colton

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 Table 2-9







Table 2-9 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.






Refer to Table 2-9. Does either Japan or Thailand have an absolute advantage and if so, in what product?


◦ Thailand has an absolute advantage in rice.
◦ Japan has an absolute advantage in rice.
◦ Thailand has an absolute advantage in both products.
◦ Japan has an absolute advantage in wristwatches.


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Marked as best answer by colton on Mar 15, 2019

nicoleclaire22

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colton

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Reply 2 on: Mar 15, 2019
Gracias!


raili21

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Reply 3 on: Yesterday
:D TYSM

 

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