The opportunity cost of producing a computer in Japan is cell phones and the opportunity cost of producing a computer in South Korea is cell phones. (Enter your responses rounded to two decimal places.) has a comparative advantage producing computers and producing cell phones. has a comparative advantage

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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K
Assume the table below shows the quantities of computers and cell phones that a worker can produce in an hour in
Japan and South Korea.
Japan
South Korea
Computers
8
4
producing cell phones.
The opportunity cost of producing a computer in Japan is cell phones and the opportunity cost of producing a
computer in South Korea is cell phones. (Enter your responses rounded to two decimal places.)
has a comparative advantage producing computers and
Cell Phones
25
17
*
has a comparative advantage
Transcribed Image Text:K Assume the table below shows the quantities of computers and cell phones that a worker can produce in an hour in Japan and South Korea. Japan South Korea Computers 8 4 producing cell phones. The opportunity cost of producing a computer in Japan is cell phones and the opportunity cost of producing a computer in South Korea is cell phones. (Enter your responses rounded to two decimal places.) has a comparative advantage producing computers and Cell Phones 25 17 * has a comparative advantage
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