Table 135 Table 13

question 6

Essay

Table 13.5 Table 13.5 shows the output per week for bows and arrows by Ahmet and MyLinh.
-Refer to Table 13.5.
a.Which person has an absolute advantage in the production of bows? arrows?
b.Which person has a comparative advantage in the production of bows?
c.Which person has a comparative advantage in the production of arrows?

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Definitions:

Unilateral Contract

A binding agreement in which one party promises to do something in return for an act of the other party, rather than a promise.

Profit Participation

A financial arrangement where an individual's or entity's income is partially derived from the profits of a business or project.

Feature Documentary

A non-fiction film that focuses on real-life events or issues, offering in-depth exploration.

5-Metre Maples

A term possibly referring to maple trees that have reached a height of five meters, although '5-Metre Maples' does not appear to be a standard term in a specific field.