Hot Dogs 8 名路: 2 Pb-3/4 Country 1 O Country 1 50 60 Hot Dogs Pa 1/2 130 110 28 90 100 Hamburgers Country 2 P-3/2 10 20 40 Pb-3/4 Hamburgers Based on the graph above, which country has a comparative advantage in Hamburgers? O Country 2 O Country 1 and Country 2 both have a comparative advantage in hamburgers O Neither country has a comparative advantage in hamburgers

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Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.