**Question 42**France has absolute advantage in the production of _______________ (A: grapes; B: textiles; C: both grapes and textiles; D: neither grapes nor textiles).[Blank answer space] ### Comparative Labor Costs for Goods Production in Spain and FranceThis table presents a comparison of labor hours required to produce two types of goods—grapes and textiles—in Spain and France. The figures are expressed in hours of labor per unit of output.| Goods | Spain | France ||----------|-------|--------|| Grapes | 8 | 15 || Textiles | 4 | 5 |**Note**: The figures represent hours of labor per unit of output.#### Analysis:- **Grapes**: Spain requires 8 hours of labor per unit, whereas France requires 15 hours, indicating that Spain is significantly more efficient in grape production.- **Textiles**: Spain requires 4 hours of labor per unit, whereas France requires 5 hours, making Spain also slightly more efficient in textile production.This data can be used to understand comparative advantages in labor productivity between the two countries in these specific sectors.

A producer has an absolute advantage over its rivals when it can create a good or service in a…

Answered: France has absolute advantage in the…

France has absolute advantage in the production of ither grapes nor textiles. (A: grapes; B: textiles: C. both grapes and textiles: D: ne

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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