Question

Suppose in country E, one worker can make 5 computers or 10 Nintendo switches per month;...

Suppose in country E, one worker can make 5 computers or 10 Nintendo switches per month; In country F, one worker can make 10 computers or 5 Nintendo switches per month. Which country has comparative advantage in computers and Nintendo switches respectively?

country E; country F

country F; country F

country E; country E

country F; country E

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Answer #1

Comparative advantage is measured in terms of opportunity cost

Opportunity cost is expressed in terms of relative price

So option D is true

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