Bill and Melinda work for a firm that creates web pages and apps. The number of web page designs and apps each can produce in a week is given in the table below. Output per Week web pages designedapps createdBill312Melinda24 Bill has an absolute advantage in:Group of answer choicesdesigning web pagescreating appsboth designing web pages and creating appsneither designing web pages or in creating apps

Absolute advantage is the advantage which a country or an individual producer has when he can…

Answered: Bill has an absolute advantage in

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Bill and Melinda work for a firm that creates web pages and apps. The number of web page designs and apps each can produce in a week is given in the table below.

Output per Week

	web pages designed	apps created
Bill	3	12
Melinda	2	4

Bill has an absolute advantage in:

Group of answer choices

designing web pages

creating apps

both designing web pages and creating apps

neither designing web pages or in creating apps

Definition Video Definition Ability of a country to produce more output with a given level of input or to produce the same level of output with a lower level of input as compared to the other countries. For example, if Country A produces 200 units with the help of 10 units of labor, and Country B produces 300 units with 10 units of labor, Country A has an absolute advantage in the production of the good. Video

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