According to table 1.1, which location has a comparative adantage in the production of a pair of red pants? For each location, the table has the labor hours required to produce one unit. Lobster Dinner 2 1 Cape Cod Nantucket ect one: a. Cape Cod b. Nantucket c. neither Cape Cod nor Nantucket d. More information is needed Red Pants 6 5
According to table 1.1, which location has a comparative adantage in the production of a pair of red pants? For each location, the table has the labor hours required to produce one unit. Lobster Dinner 2 1 Cape Cod Nantucket ect one: a. Cape Cod b. Nantucket c. neither Cape Cod nor Nantucket d. More information is needed Red Pants 6 5
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:According to table 1.1, which location has a comparative adantage in the production of a pair of red pants?
For each location, the table has the labor hours required to produce one unit.
Red Pants
6
5
elect one:
a. Cape Cod
Ob. Nantucket
Cape Cod
Nantucket
Lobster Dinner
2
1
c. neither Cape Cod nor Nantucket
d. More information is needed
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