Table 212 Table 2

question 266

Multiple Choice

Table 2.12 Table 2.12 shows the number of labour hours required to produce a cell phone and a cubic metre of lumber in Estonia and Finland.
-Refer to Table 2.12.Does either Estonia or Finland have an absolute advantage and if so, in what product?

• A)Finland has an absolute advantage in lumber.
• B)Estonia has an absolute advantage in lumber.
• C)Finland has an absolute advantage in both products.
• D)Estonia has an absolute advantage in cell phones.

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