The Following Table Shows Output Per Hour for Mexico and Canada

question 13

Essay

The following table shows output per hour for Mexico and Canada, two countries that produce beer and T-shirts:
What is the opportunity cost of a bottle of beer for Mexico? What is the opportunity cost of a T-shirt for Mexico? Who has a comparative advantage in producing beer? How can you tell?

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Definitions:

Dementia

A broad category of brain diseases that cause a long-term and gradual decrease in the ability to think and remember, affecting daily functioning.

Dehydration

A condition resulting from the excessive loss of body water, impairing normal bodily functions.

Distractibility

A condition where an individual has difficulty maintaining attention and is easily drawn away from tasks by irrelevant stimuli.

Severe Depression

A psychiatric disorder manifested by an enduring downturn in mood or diminished pleasure in usual activities, severely disrupting normal life activities.