Multiple Choice
Suppose that a worker in Country A can make either 10 iPods or 5 tablets each year.Country A has 100 workers.Suppose a worker in Country B can make either 2 iPods or 10 tablets each year.Country B has 200 workers.Country A has the absolute advantage in the production of:
A) iPods only.
B) tablets only.
C) both iPods and tablets.
D) neither iPods or tablets.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Suppose that a worker in Country A
Q22: If we consider the reality that each
Q91: Tom and Jerry have two tasks to
Q92: Suppose an American worker can make 100
Q93: People often choose to specialize and trade
Q95: When a country is acting efficiently:<br>A)it is
Q97: Tom and Jerry have two tasks to
Q100: Trade:<br>A)involves a winner and a loser.<br>B)often hurts
Q101: Tom and Jerry have two tasks to
Q111: Suppose that a worker in Country A