Exhibit 29-1 Country Output per Day of Work Good A Good B China 10 5 India 3 According to the data in Exhibit 29-1, China has a(n) comparative advantage in neither good. absolute advantage in the production of both goods. comparative advantage in both goods. absolute advantage in good A but not in good B. comparative advantage in good A.

Exhibit 29-1 Country Output per Day of Work Good A Good B China 10 5 India 3 According to the data in Exhibit 29-1, China has a(n) comparative advantage in neither good. absolute advantage in the production of both goods. comparative advantage in both goods. absolute advantage in good A but not in good B. comparative advantage in good A.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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