The United States and France both produce sweaters and caps. Suppose that a US worker can produce 50 caps per hour or 1 sweater per hour and a French worker can produce 40 caps per hour and 2 sweaters per hour. Based on this scenario, which statement is true?
The United States has a comparative advantage producing caps.
France has a comparative advantage producing caps.
The United States has a comparative advantage producing sweaters.
Neither country has a comparative advantage producing either good.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The United States and France both produce sweaters and caps. Suppose that a US worker can produce 50 caps per hour or 1 sweater per hour ...” in 📙 Physics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
100 J of work in 10 seconds
Answers (1)
Which of the following is used to determine if a star is moving closer to Earth?
Answers (1)
One of two nonconducting spherical shells of radius a carries a charge Q uniformly distributed over its surface, the other carries a charge - Q, also uniformly distributed. The spheres are brought together until they touch. A.
Answers (1)
Where is planet mercury located in the solar system?
Answers (1)
Two new planets with equal masses are discovered. Planet "A" is twice as far from the sun as planet "B." Which of the following is true. a.
Answers (1)
New Questions in Physics
How work done against gravity can be expressed?
Answers (2)
An electron is acted on by two electric forces, one of 2.7*10-14 N acting upward and a second of 5.8*10-14 N acting to the right. What is the magnitude of the electric field at the electron's location?
Answers (1)
A satellite on a Low Earth Orbit is flying with a speed of 7.65 km/s. The vertical component of the Earth's magnetic field is 35.3 μT at the current location of the satellite.
Answers (1)
A central air conditioner uses 4.5 kilowatts. It runs for 10 hours over the course of a day. How much energy does the air conditioner use during that day?
Answers (1)
Hich of the following needs is an addition to Maslow's original hierarchy and only appears in the eight-stage revised model
Answers (1)