The table below lists the labor requirements for producing USB cables and AC adapters. Labor Hours Needed to Make a(n) USB cable AC adapter West Virginia 14 Kentucky 15 7 Which of the following are true? O West Virginia has an absolute advantage in producing USB cables O West Virginia has an absolute advantage in producing AC adapters West Virginia has a comparative advantage in producing USB cables O West Virginia has a comparative advantage in producing AC adapters
The table below lists the labor requirements for producing USB cables and AC adapters. Labor Hours Needed to Make a(n) USB cable AC adapter West Virginia 14 Kentucky 15 7 Which of the following are true? O West Virginia has an absolute advantage in producing USB cables O West Virginia has an absolute advantage in producing AC adapters West Virginia has a comparative advantage in producing USB cables O West Virginia has a comparative advantage in producing AC adapters
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter2: Some Tools Of The Economist
Section: Chapter Questions
Problem 7CQ
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