Examlex
-Omar and John can fix computers or write computer programs. The table above shows the number of computers can fix and the lines of code they can write in a day.
a) Who, if anyone, has the absolute advantage?
b) Who has the comparative advantage in fixing computers? Why?
c) Who has the comparative advantage in writing programs? Why?
Q15: Suppose that initially real GDP equals potential
Q23: Consider the PPF for milk and corn
Q60: Usually the removal of trade barriers affecting
Q69: Marginal cost curves generally slope<br>A) upward because
Q130: BAe, a British defense company, has the
Q149: Refer to the production possibilities frontier in
Q182: The Federal Reserve fights inflation via open
Q296: Marginal benefit curves generally slope<br>A) downward because
Q365: In the above table, the opportunity cost
Q502: In the figure above, the marginal cost