Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.
Sagot :
The nation of Croatia has a comparative advantage over Bono via in producing ham if Croatia's opportunity cost of producing a pound of ham is less than 0.8 pounds of cheese.
In a country, where the opportunity cost of producing a particular product is lower than that country has a comparative advantage in the production of a good.
For instance, if a country is skilled at making both cheese and ham, they determine how much labor goes into producing each good. If it takes one hour of labor to produce 10 units of ham and one of labor to produce 20 units of cheese, then this country has a comparative advantage in making cheese.
Hence, the answer is given and explained above.
To learn more about comparative advantage here:
https://brainly.com/question/13221821
#SPJ4
We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.
