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    Macroeconomics Study Set 17
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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    Table 2-5 Table 2-5 Shows the Number of Labor Hours
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Table 2-5 Table 2-5 Shows the Number of Labor Hours

Question 177

Question 177

Multiple Choice

Table 2-5
Table 2-5    Table 2-5 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland. -Refer to Table 2-5.Estonia has a comparative advantage in the production of A) both products. B) lumber. C) cell phones. D) neither product. Table 2-5 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland.
-Refer to Table 2-5.Estonia has a comparative advantage in the production of


A) both products.
B) lumber.
C) cell phones.
D) neither product.

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