The following table shows per-day production data of rice and T-shirts for two countries, Cambria and Bodoni. Based on the table, it can be said that Cambria has a comparative advantage in the production of rice.
Definitions:
Monthly Credit
Refers to any credit received or applied to an account each month, such as cash back from a credit card or credit for returned items.
Total Cost
The complete amount of money spent on producing or acquiring goods or services, including all variable and fixed costs.
Save Up
The act of regularly setting aside a portion of income or resources for future use or for a specific goal.
Esker
A long, winding ridge of sand and gravel deposited by meltwater streams flowing beneath a glacier.
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