Business, 16.02.2022 14:00 Hiadamcom

Comparative Advantage is calculated by finding what we
give up versus what we gain.
Suppose the U. S. can produce
100 airplanes or 50 ships. What
is the overall "opportunity cost"
of producing airplanes instead of
ships?
A. Not making 50 ships.
B. Making 150 planes.
C. Only 50 airplanes could be made.

Answers: 1

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