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In Lithasia,the Opportunity Cost of Producing a Chair Is 2

Question 187

Multiple Choice

In Lithasia,the opportunity cost of producing a chair is 2 tables and in Barylia,the opportunity cost of producing a chair is 1/2 table.Which of the following statements is true?


A) Barylia has a comparative advantage in producing chairs.
B) Lithasia has a comparative advantage in producing chairs.
C) Barylia has a comparative advantage in producing tables.
D) Lithasia has a comparative disadvantage in producing tables.

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