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

[Mimi]

TY

[kardosa007]

You're welcome

[wenmo]

Question 1

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





Refer to Figure 33.1. Canada has ________ advantage in the production of soybeans and ________ advantage in the production of alfalfa.

◦ a comparative; an absolute
◦ a comparative; neither a comparative nor absolute
◦ neither a comparative nor absolute; neither a comparative nor absolute
◦ an absolute; a comparative

Question 2

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





Refer to Figure 33.1. Which of the following statements is 
true?

◦ Only Canada can benefit from trade.
◦ Only the United States should produce alfalfa.
◦ Only Canada should produce alfalfa.
◦ Both countries should produce both products.

[adammoses97]

Answer 1

a comparative; neither a comparative nor absolute

Answer 2

Only the United States should produce alfalfa.

[viki]

Question 1

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





Refer to Figure 33.1. The opportunity cost of producing a bushel of alfalfa in Canada is

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

Question 2

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





Refer to Figure 33.1. The opportunity cost of producing a bushel of soybeans in the United States is

◦ 1/2 as much as that in Canada.
◦ twice as much as that in Canada.
◦ 4 times as much as that in Canada.
◦ the same as that in Canada.

[johnpizzaz]

Answer 1

twice as much as that in the United States.

Answer 2

twice as much as that in Canada.

[viki]

Thank you!

[johnpizzaz]

Always glad to help...

[silviawilliams41]

Question 1

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





Refer to Figure 33.1. The opportunity cost of producing a bushel of soybeans in Canada is

◦ half a bushel of alfalfa.
◦ 1 bushel of alfalfa.
◦ 2 bushels of alfalfa.
◦ zero.

Question 2

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





Refer to Figure 33.1. The opportunity cost of producing a bushel of soybeans in the Canada is

◦ 2/3 as much as that in the United States.
◦ 1/2 as much as that in the United States.
◦ twice as much as that in the United States.
◦ the same as that in the United States.

[yotaSR5]

Answer 1

1 bushel of alfalfa.

Answer 2

1/2 as much as that in the United States.