Suppose that Jordan produces cars using 10 units of labor and motors using 20 units of labor. Lebanon produces cars using 60 units of labor and motors using 30 units of labor. *
Suppose that Jordan produces cars using 10 units of labor and motors using 20 units of labor. Lebanon produces cars using 60 units of labor and motors using 30 units of labor. *
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![Suppose that Jordan produces cars
using 10 units of labor and motors
using 20 units of labor. Lebanon
produces cars using 60 units of labor
and motors using 30 units of labor. *
Neither country has a comparative
advantage.
The opportunity cost of producing
12 units of cars in Jordan 6
The opportunity cost of producing 1
unit of cars in Lebanon 0.5
The information is not enough.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ec2d72f-7b5d-4e3c-96ca-0d9c69985cbf%2F481455a7-d815-44df-9ceb-c2e41b10f093%2F8w4v4vt_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose that Jordan produces cars
using 10 units of labor and motors
using 20 units of labor. Lebanon
produces cars using 60 units of labor
and motors using 30 units of labor. *
Neither country has a comparative
advantage.
The opportunity cost of producing
12 units of cars in Jordan 6
The opportunity cost of producing 1
unit of cars in Lebanon 0.5
The information is not enough.
![21
What is the opportunity cost of 5pound
of banana production for Lebanon? *](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ec2d72f-7b5d-4e3c-96ca-0d9c69985cbf%2F481455a7-d815-44df-9ceb-c2e41b10f093%2Feune73p_processed.jpeg&w=3840&q=75)
Transcribed Image Text:21
What is the opportunity cost of 5pound
of banana production for Lebanon? *
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