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-Assuming That Opportunity Costs Are Constant, Which of the Following

Question 257

Multiple Choice

  -Assuming that opportunity costs are constant, which of the following is a correct statement? (See the above table.)  A) The United States has a comparative advantage in bicycle production. B) The United States has a comparative advantage in producing both goods. C) Mexico has a comparative advantage in producing bicycles. D) Mexico has a comparative advantage in producing both goods.
-Assuming that opportunity costs are constant, which of the following is a correct statement? (See the above table.)


A) The United States has a comparative advantage in bicycle production.
B) The United States has a comparative advantage in producing both goods.
C) Mexico has a comparative advantage in producing bicycles.
D) Mexico has a comparative advantage in producing both goods.

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