Question 1
Refer to the information provided in Figure 33.2 below to answer the question(s) that follow.
Refer to Figure 33.2. The opportunity cost of a car is ________ truck(s) in the United States and ________ truck(s) in England
◦ 6; 4
◦ 4; 1.5
◦ 4; 6
◦ 0.25; 0.67
Question 2
Refer to the information provided in Figure 33.2 below to answer the question(s) that follow.
Refer to Figure 33.2. England has
◦ a comparative advantage in producing trucks.
◦ an absolute advantage in producing cars.
◦ a comparative advantage in producing cars.
◦ no comparative advantage in producing either cars or trucks.