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Production possibility schedule

a 3-column table has 2 rows. the first column has entries annie apostrophe s music, the music factory. the second column is labeled violins made per week with entries 2, 20. the third column is labeled guitars made per week with entries 10, 20.


has the comparative advantage in making guitars.


has the comparative advantage in making violins.

Sagot :

Baraq

The table indicated the advantage in producing the two. However, in producing the two based on the information provided, the company's comparative advantage is given below.

  • has the comparative advantage in making violins

Comparative advantage

Comparative advantage is an economy's capacity to produce a particular good or service at a lower opportunity cost than its trading partners. The theory of comparative advantage introduces opportunity cost as a factor for analysis in choosing between different options for production.

Therefore, the product with a comparative advantage is in the sentence given above. That is, comparative advantage is in making violin.

leaen more about comparative advantage: https://brainly.com/question/14846093

jp912south

Answer:

has the comparative advantage in making violins

Explanation:

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