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The Following Table Shows Output Per Hour for Martha and Stewart

Question 11

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The following table shows output per hour for Martha and Stewart who make gift baskets and potholders:
The following table shows output per hour for Martha and Stewart who make gift baskets and potholders: What is the opportunity cost of a gift basket for Martha? What is the opportunity cost of a gift basket for Stewart? Who has a comparative advantage in producing gift baskets? How can you tell? What is the opportunity cost of a gift basket for Martha? What is the opportunity cost of a gift basket for Stewart? Who has a comparative advantage in producing gift baskets? How can you tell?

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