The Table Below Shows the Maximum Number of Burgers or Hot

question 144

Essay

The table below shows the maximum number of burgers or hot dogs that Frances and Takeru can cook in one hour.
a. Fill in the rest of the table with the opportunity cost of burgers and hot dogs for each person. Be sure to include the units.
b. Identify who has a comparative advantage in producing each good.
$$\begin{array} { l l l l l } \hline & \begin{array} { l } \text { Maximum } \\\text { Burgers }\end{array} & \begin{array} { l } \text { Maximum } \\\text { Hot Dogs }\end{array} & \begin{array} { c } \text { Opportunity Cost } \\\text { of 1 Burger }\end{array} & \begin{array} { l } \text { Opportunity Cost } \\\text { of 1 Hot Dog }\end{array} \\\hline \text { Frances } & 30 & 60 & & \\\text { Takeru } & 50 & 75 & & \\\hline\end{array}$$

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Definitions:

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