The following table shows the amount of days to produce one unit of beans or one unit of planes. Use the information to match the person with the advantages that follow. Beans Planes Alpha 50 9 Beta 5 7 Has the absolute advantage in planes Has the absolute advantage in beans 1. Alpha Has the comparative advantage in planes 2. Beta Has the comparative advantage in beans > > >

The following table shows the amount of days to produce one unit of beans or one unit of planes. Use the information to match the person with the advantages that follow. Beans Planes Alpha 50 9 Beta 5 7 Has the absolute advantage in planes Has the absolute advantage in beans 1. Alpha Has the comparative advantage in planes 2. Beta Has the comparative advantage in beans > > >

Name: The following table shows the *amount of days* to produce one unit of
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Description: The following table shows the *amount of days* to produce one unit of beans or one unit of planes. Use the information to match the person with the advantages that follow.| | Beans | Planes ||---------|-------|--------|| Alpha | 50 | 9

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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