wine SERERASAD 90 80 70 60. 50. 40 - 30. → 20 PPF Portugal - CPF 10 0 0 10 20 30 40 50 60 cloth wine 88285GS21 90 80. 70 60 50 40 30 - 20 C 10 England PPF CPF öff 0 10 20 30 40 50 60 cloth

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Q: 06 England 80 70 60 50 40 PPF 30 20 10 10 20 30 40 50 60 cloth wine

A: Opportunity cost=sacrifice/gain =10/10=1

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A: Opportunity cost is the benefit that is derived from the not chosen alternative.

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Q: Assuming Portugal has 180 man-hours (mhrs) of labor resource available for production, and labor is…

A: Opportunity cost is the benefit that is derived from the not chosen alternative.

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Q: comparative advantage

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A: Opportunity cost is the benefit that is derived from the not chosen alternative.

Q: Portugal England 90 90 80 80 70 70 60 60 CPF 50 50 40 40 30 30 CPF PPF 20 PPF 20 10 10 0 10 20 30 40…

A: England has cloth in abundance.Country which has something in abundance exports that more.

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A: We are going to understand the opportunity cost and relative price to solve this problem.

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Q: . If Portugal has a total of 90 man-hours of resources available for production, while England has…

A: England has 30 man-hours and Portugal has 90 man-hours.