Business, 16.06.2021 19:50 laylay120

Suppose New Zealand uses one unit of labor to produce a kiwi and two units of labor to produce an apple. Suppose Australia uses two units of labor to produce a kiwi and one unit of labor to produce an apple. In this case, New Zealand: a. has a comparative advantage in producing apples.
b. has a comparative advantage in producing kiwis.
c. has a comparative advantage in producing both goods.
d. does not have a comparative advantage in producing either good.

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Suppose New Zealand uses one unit of labor to produce a kiwi and two units of labor to produce an ap...

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