The Figure Given Below Represents the PPC in Two Nations

question 4

Multiple Choice

The figure given below represents the PPC in two nations - Germany and Korea,producing only two goods cars and food.
Figure 2.4

-Refer to Figure 2.4 and identify the correct statement.

• A)Germany has comparative advantage in production of cars.
• B)Korea has comparative advantage in production of cars.
• C)Germany has comparative advantage in production of food.
• D)Korea has a lower opportunity cost for making cars.
• E)Germany has a lower opportunity cost for making food.

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