Mary can wax 6 cars per day or wash 4 cars per day and John can wax  3 cars per day or wash 3 cars per day. What is each person’s  opportunity cost of waxing one car? Who has an absolute advantage of  waxing cars? Who has an absolute advantage in washing cars? Who  has comparative advantage in washing cars

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Mary can wax 6 cars per day or wash 4 cars per day and John can wax 

3 cars per day or wash 3 cars per day. What is each person’s 

opportunity cost of waxing one car? Who has an absolute advantage of 

waxing cars? Who has an absolute advantage in washing cars? Who 

has comparative advantage in washing cars

? ars?

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