A country is likely to have a comparative advantage in a land-intensive activity if it has a A) alot of land relative to its population. B) large population relative to its landmass. C) higher opportunity cost of producing technology. D) large amount of capital equipment relative to its population.
A country is likely to have a comparative advantage in a land-intensive activity if it has a A) alot of land relative to its population. B) large population relative to its landmass. C) higher opportunity cost of producing technology. D) large amount of capital equipment relative to its population.
Chapter2: Scarcity And Opportunity Costs
Section: Chapter Questions
Problem 13E
Related questions
Question
A country is likely to have a
A) alot of land relative to its population.
B) large population relative to its landmass.
C) higher
D) large amount of capital equipment relative to its population.
AI-Generated Solution
Unlock instant AI solutions
Tap the button
to generate a solution
Recommended textbooks for you









Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning