The following table shows the units of output a worker can produce per month in Germany and South Korea. Use this table to answer the following question. Steel (tons) PC (Personal Computer) Germany 20 10 South Korea 8 2 The opportunity cost of one ton of steel in Germany is The opportunity cost of one ton of steel in South Korea is one-quarter of a PC. four PCs. four PCs. two PCs. one-half of a PC. one-quarter of a PC. two PCs. one-half of a PC. Which country has a comparative advantage in steel production? Neither South Korea Germany O O
The following table shows the units of output a worker can produce per month in Germany and South Korea. Use this table to answer the following question. Steel (tons) PC (Personal Computer) Germany 20 10 South Korea 8 2 The opportunity cost of one ton of steel in Germany is The opportunity cost of one ton of steel in South Korea is one-quarter of a PC. four PCs. four PCs. two PCs. one-half of a PC. one-quarter of a PC. two PCs. one-half of a PC. Which country has a comparative advantage in steel production? Neither South Korea Germany O O
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![The following table shows the units of output a worker can produce per month in Germany and South Korea. Use this table to
answer the following question.
Steel (tons)
PC (Personal Computer)
Germany
20
10
South Korea
2
The opportunity cost of one ton of steel in Germany is
The opportunity cost of one ton of steel in South Korea
is
one-quarter of a PC.
four PCs.
four PCs.
two PCs.
one-half of a PC.
one-quarter of a PC.
two PCs.
one-half of a PC.
Which country has a comparative advantage in steel
production?
Neither
South Korea
Germany](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fad61fb23-6772-4c68-a944-71325d2213c5%2F03c12b2d-5d66-417a-aaf6-c2688e05c1fc%2Fzz6wib_processed.png&w=3840&q=75)
Transcribed Image Text:The following table shows the units of output a worker can produce per month in Germany and South Korea. Use this table to
answer the following question.
Steel (tons)
PC (Personal Computer)
Germany
20
10
South Korea
2
The opportunity cost of one ton of steel in Germany is
The opportunity cost of one ton of steel in South Korea
is
one-quarter of a PC.
four PCs.
four PCs.
two PCs.
one-half of a PC.
one-quarter of a PC.
two PCs.
one-half of a PC.
Which country has a comparative advantage in steel
production?
Neither
South Korea
Germany
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