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Consider the Following Table on Labor Hours Needed Per Unit

Question 68

Multiple Choice

Consider the following table on labor hours needed per unit of output:
Consider the following table on labor hours needed per unit of output:   Ignoring nonlabor inputs,which of the following statements is correct? A) All of the following are correct. B) The opportunity cost of a computer equals 1/4 unit of wine in Italy. C) The opportunity cost of a computer equals 1/2 unit of wine in France. D) Italy has a comparative advantage in computers. E) Italy has a comparative advantage in wine.
Ignoring nonlabor inputs,which of the following statements is correct?


A) All of the following are correct.
B) The opportunity cost of a computer equals 1/4 unit of wine in Italy.
C) The opportunity cost of a computer equals 1/2 unit of wine in France.
D) Italy has a comparative advantage in computers.
E) Italy has a comparative advantage in wine.

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