Question
Sara and Fran produce boards and sails for windsurfing. The tables show their production possibilities. Sara's...
Sara and Fran produce boards and sails for windsurfing.
The tables show their production possibilities.
Sara's Production Possibilities
|
Boards (per week) |
Sails (per week) |
|
|
60 |
and |
0 |
|
48 |
and |
6 |
|
36 |
and |
12 |
|
24 |
and |
18 |
|
12 |
and |
24 |
|
0 |
and |
30 |
Fran's
Production Possibilities
|
Boards (per week) |
Sails (per week) |
|
|
25 |
and |
0 |
|
20 |
and |
10 |
|
15 |
and |
20 |
|
10 |
and |
30 |
|
5 |
and |
40 |
|
0 |
and |
* O boards and 50 sails go in the last one
Each week, Sara produces 24 boards and 18 sails and Fran produces 15 boards and 20 sails
>>> Answer to 1 decimal place below.
Sara's opportunity cost of producing a board is
Fran's opportunity cost of producing a board is
_____ has a comparative advantage in producing _____.
Homework Answers
Answer #1
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