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Author Question: If Wendy can produce more of all goods than Tommy in an hour, then (Read 41 times)

ashley

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on: May 24, 2019
If Wendy can produce more of all goods than Tommy in an hour, then
◦ Wendy has an absolute advantage in all goods.
◦ Wendy does not need to trade with Tommy in order to achieve the gains from trade.
◦ Wendy has a comparative advantage in all goods.
◦ Tommy has an absolute advantage in all goods.
◦ Only Tommy, but not Wendy, can benefit from trade between the two of them.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by ashley on May 24, 2019

succesfull

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ashley

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Reply 2 on: May 24, 2019
:D TYSM

alvinum

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Reply 3 on: Yesterday
Excellent

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