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7 January, 06:16

England and Scotland both produce scones and sweaters. Suppose that an English worker can produce 30 scones per hour or 2 sweater per hour. Suppose that a Scottish worker can produce 40 scones per hour or 4 sweaters per hour. Who will produce sweaters?

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  1. 7 January, 07:22
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    Step-by-step explanation:

    Scones Sweaters

    England 30 2

    Scotland 40 4

    The opportunity cost calculation:

    Opportunity Cost

    England Scotland

    1 Scone 0.066 Sweaters 0.1 Sweaters

    1 Sweater 15 Scones 10 Scones

    England has comparative advantage in production of Scones; Scotland has comparative advantage in production of Sweaters.

    Scotland will produce Sweaters
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