Refer to the information provided in Table 33.1 below to answer ...

[kaid0807]

Question 1

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. In Mexico, the opportunity cost of 1 bushel of bananas is

◦ 1/2 bushel of oranges.
◦ 1 bushels of oranges.
◦ 2 bushel of oranges.
◦ 5 bushels of oranges.

Question 2

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. In Guatemala, the opportunity cost of 1 bushel of oranges is

◦ 1/2 bushel of bananas.
◦ 1 bushels of bananas.
◦ 2 bushel of bananas.
◦ 4 bushels of bananas.

[cpetit11]

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[ec501234]

Question 1

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. In Mexico, the opportunity cost of 1 bushel of oranges is

◦ 1/2 bushel of bananas.
◦ 1 bushels of bananas.
◦ 2 bushel of bananas.
◦ 5 bushels of bananas.

Question 2

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. In Guatemala, the opportunity cost of 1 bushel of bananas is

◦ 1/2 bushel of oranges.
◦ 1 bushels of oranges.
◦ 2 bushel of oranges.
◦ 4 bushels of oranges.

[lgoldst9]

Answer 1

1 bushels of bananas.

Answer 2

1/2 bushel of oranges.

[ec501234]

Thanks

[lgoldst9]

Welcome

[B]

Question 1

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. The opportunity cost of producing a bushel of oranges in Mexico is

◦ twice as much as that in Guatemala.
◦ half as much as that in Guatemala.
◦ the same as that in Guatemala.
◦ four times as much as that in Guatemala.

Question 2

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. Guatemala has

◦ a comparative advantage in orange production.
◦ an absolute advantage in orange production.
◦ an absolute advantage in banana production.
◦ a comparative advantage in banana production.

[lauravaras]

Answer 1

half as much as that in Guatemala.

Answer 2

a comparative advantage in banana production.

[maychende]

Question 1

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. Guatemala has

◦ a comparative advantage but not an absolute advantage in orange production.
◦ a comparative advantage but not an absolute advantage in banana production.
◦ an absolute advantage and a comparative advantage in banana production.
◦ an absolute advantage and a comparative advantage in orange production.

Question 2

Refer to the information provided in Table 33.1 below to answer the question(s) that follow.












Refer to Table 33.1. Mexico has

◦ a comparative advantage but not an absolute advantage in orange production.
◦ a comparative advantage but not an absolute advantage in banana production.
◦ an absolute advantage and a comparative advantage in banana production.
◦ an absolute advantage and a comparative advantage in orange production.

[angrybirds13579]

Answer 1

a comparative advantage but not an absolute advantage in banana production.

Answer 2

an absolute advantage and a comparative advantage in orange production.